GBPCAD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.72100 zone, GBPCAD was trading in an uptrend and currently is in a correction phase in which it is approaching the retrace area at 1.72100 support and resistance area.
Trade safe, Joe.
GBP-CAD-SELL
GBPCAD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.71200 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.71200 support and resistance area.
Trade safe, Joe.
GBPCAD Potential DownsidesHey Traders, in today’s trading session we are monitoring GBPCAD for a selling opportunity around 1.64800 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend st 1.64800 support and resistance area.
Trade safe, Joe.
GBPCAD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.65700 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.65700 support and resistance area.
Trade safe, Joe.
GBPCAD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.72200 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.72200 support and resistance area.
Trade safe, Joe.
GBPCAD Potential DownsidesHey Traders. In today’s trading session we are monitoring GBPCAD for a selling opportunity around 1.71300 zone, GBPCAD was trading in an uptrend and currently seems to be attempting to break it out. If we get dips below 1.71 i will be watching a potential retrace of the trend towards more lows.
GBPCAD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPCAD for a selling opportunity around 1.69900 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.699000 support and resistance zone.
Trade safe, Joe.
GBPCAD Potential DownsidesHey Traders. in tomorrow's trading session we are monitoring GBPCAD for a selling opportunity around 1.69100 zone, GBPCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 1.69100 support and resistance area.
Trade safe, Joe.
GBPCAD Potential DownsidesHey traders, in today's trading session, we are closely observing GBPCAD for a potential selling opportunity near the 1.68900 zone. GBPCAD has been following an upward trend, but it has recently experienced a breakout. It is currently undergoing a corrective phase and approaching the retrace area near the resistance zone of 1.68900.
Trade safe, Joe.
GBPCAD: SELLBased off of higher time frames, we can see that there is more Bearish integrity left in GBPCAD for this week.
Drawing a fib from high to low (November 29, 2015 to August 18, 2019), we can see that that there is a clear support level of 1.722206 .
A great entry for Bears this week is right around 1.74876 . Expect take profit levels at 1.72206 .
Once this takes place, we can expect some Bullish opportunities in this month.
GBP/CAD AS WE PLANNEDGBP/CAD went the same as we planned, now the question is whether it will break the structure around 1.74800 area, or will continue down to a deeper retest towards 1.71800 area. But since bad news is expected for GBP next week, and for CAD was good past week, I think it will definitely go for a deeper retest.