I see a breakout possibly coming for GBPCAD. The price broke out of a bearish channel when it hit a strong support line just under .72000. It now seems to be in an ascending triangle right at the top of the resistance line. Watch for the possible breakout to go long if it breaks the resistance line.
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.