GBPCAD Higher
I like GBPCAD higher here.
GBPCAD is at a relatively good support level and has failed to push lower from the multiple lows the past couple of weeks.
GBP rates have been rising a lot this morning and we also have had some good fiscal news for GBP cost of living worries, i don't think this adds much to the story but could be helpful.
GBPCAD sentiment and positioning is extremely low and we're at a strong support level, suggesting we could move higher.
Not trading/investment advise, feedback welcome!
GBPCAD is at a relatively good support level and has failed to push lower from the multiple lows the past couple of weeks.
GBP rates have been rising a lot this morning and we also have had some good fiscal news for GBP cost of living worries, i don't think this adds much to the story but could be helpful.
GBPCAD sentiment and positioning is extremely low and we're at a strong support level, suggesting we could move higher.
Not trading/investment advise, feedback welcome!
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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.