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GBP/CAD Analysis

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  • GBP/CAD Analysis

    The GBP/CAD currency pair ended the bullish uptrend by testing additional resistance at 1.6790 against the MA55 and resumed its negative attack to find stability around 1.6690. Furthermore, the stochastic brings negative momentum by breaking out of the overbought area, suggesting a further negative trade, attacking 1.6610, and then waiting until it reaches 1.6525, which is the next major target. Masu. Today's expected trading range is 1.6715–1.6610.

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