DeGRAM | GBPCAD false break of the psychological level

GBPCAD is trading in the ascending channel. It created divergence at the resistance level.

The market rebounded from the psychological level at 1.71000 and closed below it.

Price decelerated while approaching resistance, so most likely it will go down.



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Chart PatternsgbpcadanalysisgbpcadsignalSupport and ResistanceTrend Analysis

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