Analysis of the GBPCAD currency pair

235
In the daily time frame, the price recently hit the ceiling of the ascending channel and at the same time we see a negative divergence in the RSI indicator. It is expected to see the price fall or correct to lower ranges.

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.