Analysis on GBPCAD
prices are now on a support. with the formation of a asymmetrical triangle. we can wait for a clear confirmation of a support rebound or breakout to determine the price momentum. Take note that the bulls of the down trend have only touch the trendline twice, indicating that bulls are relatively weak.
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.