FinancialGamblR

GBPCAD Breaks Above 1.70625

Long
OANDA:GBPCAD   British Pound / Canadian Dollar
There's one key annotation to review over on this timeframe.

1. Price finally stopped trading in this range. This area indicates that price failed to trade to a new lower low. The breakout to the upside has a probabilistically likely chance to continue. This is also viewed over on the daily time frame.
Comment:
Here's the daily time frame. Price is also holding supported at the 1.6974 level.


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