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Long

GBP/CAD: Bullish divergence in CCI and RSI (Good to go long)

FX:GBPCAD   British Pound/Canadian Dollar
82 0 5
Major support -1.83450

The pair has recovered after making a low of 1.83498 at the time of writing and slightly recovered from that level. It is currently trading around 1.84226.

GBP/CAD             minor intraday resistance is around 1.84270 and any indicative break above targets 1.84540/1.85018/1.8518.

On the lower side minor support is around 1.8380 and break below targets 1.8345/1.8300.

In 4 hours chart both CCI (50) and RSI (14) showing bullish divergence so a jump till 1.8500/1.8545 is possible .

It is good to buy at dips around 1.8410-1.8415 with SL around 1.8370 for the TP of 1.8495/1.8545
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