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DeGRAM
Jan 16, 2024 8:59 AM

DeGRAM | GBPCAD false break of the psychological level Short

British Pound/Canadian DollarFXCM

Description

GBPCAD is trading in the ascending channel. It created divergence at the resistance level.

The market rebounded from the psychological level at 1.71000 and closed below it.

Price decelerated while approaching resistance, so most likely it will go down.



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Comments
DeGRAM
Good luck in the markets and may the profit be with you !
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