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AnabelSignals
Dec 18, 2023 11:15 AM

GBPCAD Set To Grow! BUY! Long

British Pound/Canadian DollarFXCM

Description



My dear subscribers,
This is my opinion on the GBPCAD next move:
The instrument tests an important psychological level 1.6939
Bias - Bullish

Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.7046
My Stop Loss - 1.6899

About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK

Trade closed: target reached



The price has finally arrived to the destination!
Comments
VladimirRibakov
Interesting analysis, I am bearish in the short term.
AnabelSignals
What is your opinion on this pair, Friends?
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