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NelsonPerez

GBP/ CAD bullish momentum

Long
British Pound / Canadian Dollar (OANDA:GBPCAD)  
NelsonPerez Updated   
OANDA:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
GBP/CAD has been on a bear run for quite sometime. We seen new yearly lows. So far this pair has been showing clear higher highs and higher lows and broke through Upper Trend line which has been respected in the past for resistance. As long as we respect 1.61 zones we should see this pair continue.
Comment:
TP was hit and price retraced.
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