ForceFollower
Long

GBPCAD Weaker but not giving up

FX:GBPCAD   British Pound / Canadian Dollar
55 0 0
You can frame the current situation in this pair in multiple ways. Here's just one example. You can see the price probably finding some resistance at the previous lower median line parallel. This pair is certainly weaker than it used to be, but not giving up and should not be considered as a short candidate too easily. The lows to the left are a nice spot to protect SL, so the buyers are still there. Although the sterling is weakening, it is still a strong currency, by any measure.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out