Get started
decentshaw

GBPCAD Price looking for Breakout

British Pound / Canadian Dollar (FX:GBPCAD)  
decentshaw  
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns
1
1
trendanalysis chartpattern
GBPCAD is trending Downward. But Since 5 Days it is on ascending course and price is showing signs of reversal. Price is reaching trendline breakout and cross the 100 MA . Also we have to watch if it breach the Lower high on 4H TF. More confirmation is required for price action .

Regards
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.