GBPCAD reaching support, potential bounce | 27 July 2020

British Pound / Canadian Dollar (FX:GBPCAD)

FX:GBPCAD British Pound / Canadian Dollar

Trend Analysis Harmonic Patterns Chart Patterns GBPCAD GBP CAD

trendanalysis harmonicpatterns chartpattern gbpcad gbp cad

Price is approaching support where we could see a bounce above this level.

Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information

trendanalysis
harmonicpatterns
chartpattern
gbpcad
gbp
cad

Related Ideas

about GBPCAD

Is it time to short GC?

Inlelake

@Inlelake, for me I wouldn't go short yet as its still holding nicely above the trend line. Are you bearish on GC?

FXCM

@FXCM, I thought it needs to temporarily correct to trend line as shown on your picture. Therefore there is that limited down trade opportunity.

Great analysis. Thank you...

nrmt2010

@nrmt2010, you're welcome!