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GBP/CAD Bullish Analysis

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
ThinkingAntsOk  
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis GBP CAD GBPCAD LONG Bullish Patterns analysis setup
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trendanalysis supportandresistance mtfa gbp cad gbpcad long bullish analysis setup
🔸DAILY CHART EXPLANATION:
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🔸Price broke the Ascending Trendline but it could not stay below.
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🔸We consider that this pair has bullish potential towards the Resistance Zone in the long term.
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🔸In a lower timeframe, a breakout of the previous lower high can be appreciated. We are waiting for a retest of that zone before considering a bullish trade.
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🔸 Will look for a lower timeframe bullish setup.

🔸4H CHART ANALYSIS:

snapshot
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