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Feb 7, 2019 5:09 PM

GBP/CAD rising channel target 1.74982 Long

British Pound/Canadian DollarFXCM

Description

GBP/CAD Aanalysis: GBP/CAD pair has been trading in upward channel, GBP has make breakout of 200MA/50MA/50EMA and approaching the target of 1.74982 with stop loss of 1.70380 closing basis. Indicators like RSI has been looking bullish stood at 55 when analysed and MACD volume also showing signs of next bullish leg of GBP. Traders can take long position with target of 1.74982. 
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