GBPCAD has been on a massive downtrend after retesting 1.75000 since 20th september to 1.69000, this level might bring some bullish sentiment as it finds support around this level from the weekly timeframe. the bulls push breaking 1.70000 with a strong bullish momentum, therefore am expecting a retrace then continue till 1.72500.
Confirmation is waiting for a reversal candlestick pattern on 1.70000, then a break of the recent support turn resistance created.
kindly drop your suggestions in the comment box.
Confirmation is waiting for a reversal candlestick pattern on 1.70000, then a break of the recent support turn resistance created.
kindly drop your suggestions in the comment box.