FX:GBPCAD   British Pound / Canadian Dollar
17 views
1
17 0
Long Trade on GBP/CAD

Price has broken the long-term downtrend plotted on the monthly chart

An MA crossover on Weekly represents the continued up move of the pair

Daily Fib shows that price has retraced to the 38% level before bouncing and progressing upwards again

On the 4 hour chart, price is currently sitting around an area of historical S&R

60 minute chart shows price retesting this zone which suggests support is occurring and a bounce will happen

Anticipating another strong up move to commence with the target being the 0% Fib extension level
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Pine Wizards Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out