GBPCAD: The Price Reversal from Solid Resistance Zone

British Pound / Canadian Dollar (FX:GBPCAD)

FX:GBPCAD British Pound / Canadian Dollar

trendanalysis supportandresistance indicator gbpcad forex forexsignals

The price reached the resistance zone. We got reversal candlestick patterns. RSI and MACD histogram confirmed the price reversal.

We have a sell opportunity, and it is possible to search for entry points using the daily and hourly timeframes.

Stop orders must be placed above the local swing high. Profit targets are the support zones.

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