gbpcad rejected by the golden 618. cleared for a bearish 400 pip
price rejected the fib 618 level at 1.7474 and made a clear lowe low and rejected the .50 of the fib as well. if had broken the trendline and
made a stoplosshunt just above the fib level. with an expected strong OIL, we have the option that it will bring down the price of GBPCAD to the 1.66 level where strong support is waiting.
made a stoplosshunt just above the fib level. with an expected strong OIL, we have the option that it will bring down the price of GBPCAD to the 1.66 level where strong support is waiting.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.