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The_Pip_Trader
Dec 4, 2023 1:11 PM

GBPCAD BUY ANALYSIS Long

British Pound/Canadian DollarFXCM

Description

FX:GBPCAD
Overall structure based on the weekly, daily, 4h is bullish. Price had made a pullback to 1.71042 daily support and managed to break above the 1.7150 1H key resistance and retested and support whilst simultaneously breaking the minor bearish structure on the 1h timeframe. a 15 min bullish engulfing candlestick was my confirmation to enter buys on GBPCAD
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