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GBPCAD: Important Breakout 🇬🇧🇨🇦
British Pound / Canadian Dollar
Long
GBPCAD: Important Breakout 🇬🇧🇨🇦
By VasilyTrader
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Jun 5
6
2
2
Jun 5
https://www.tradingview.com/x/K8MomWuH/
GBPCAD is trading in a strong bullish trend on a daily.
For the last 2 weeks, the pair was consolidating within a horizontal range on a daily.
With the yesterday's bullish movement, the price successfully violated the resistance of the range.
It confirms the strength of the buyers and indicates a highly probable bullish continuation.
Next resistance - 1.755
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Candlestick Analysis
Parallel Channel
priceaction
Rectangle
swing
swingtading
swingtradingsignals
swingtradingstrategy
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