If we start on the Monthly time frame for GBPCAD, we can see that price is still at all-time lows. And what we know about this confluence is that it we can expect more bullish integrity.
Off of the Weekly time frame, we drew a line where resistance has now become support again at 1.76083. That being said, if this support line holds, we can expect a nice entry zone for Bulls to enter between 1.76171 and 1.76616. Set your Take Profit level to about 1.78098.
Off of the Weekly time frame, we drew a line where resistance has now become support again at 1.76083. That being said, if this support line holds, we can expect a nice entry zone for Bulls to enter between 1.76171 and 1.76616. Set your Take Profit level to about 1.78098.