OANDA:GBPCAD   British Pound / Canadian Dollar
#GBPCAD - H1

📣 Upon analyzing the 1-hour time frame, there is an expectation of a price decline towards the 1.6890 range with the break of the ascending trend at 1.6970.

⛔ Stop Loss: 1.7030

On the other hand, with the break of the 1.7030 range, there is an optimistic outlook for price growth towards the 1.7100 range.

⛔ Stop Loss: 1.6970
Trade closed: target reached

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.