#GBPCAD 1H
📣 Upon analyzing the 1-hour timeframe, with the break of the uptrend line around 1.6815, there is an expectation of a price decline towards the 1.6740 range.
⛔ Stop Loss: 1.6360
On the other hand, with the break of the 1.6360 range, it is possible to initiate a buy position with a target of 1.6430.
⛔ Stop Loss: 1.6320
Trade closed: target reached
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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.