GBP/CAD Daily Analysis
Since forming a double bottom (reversal) at 1.7500, buyers have been in total control of the GBP/CAD market.
Now we may see a correction/retracement play out before the next move up.
An area of interest is 1.7750 which has previously acted as support.
There is a Bank of Canada rate statement on Wednesday.
Now we may see a correction/retracement play out before the next move up.
An area of interest is 1.7750 which has previously acted as support.
There is a Bank of Canada rate statement on Wednesday.
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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.
Low-Cost Trading, for everyone, everywhere.
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.