GBPCAD has retraced the upward move from last month back down to support at 1.695-1.7. Price has accepted above the 1.7 level and furthermore volatility over the past 4 days has dropped significantly suggesting a large move is coming. The move will more likely be to the upside in line with the major trend over the past 3 months and bullish fundamentals for GBP.
Entry at a clean break and close above 1.71 on the 4H.
SL back behind lows 1.693.
My short term target is at 1.772, longer term target for this pair at 1.9.
Entry at a clean break and close above 1.71 on the 4H.
SL back behind lows 1.693.
My short term target is at 1.772, longer term target for this pair at 1.9.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。