GBPCAD - LONG
Hello guys,
so here is a simple analysis on GBPCAD. I see a trendline re-test with a major support area that have been reach.
It could be the reversal area of GBPCAD. Also daily Bollinger Band 200 period been hit in the same area of the supply & demand area!
I expect higher than the target 1.84 would be the last high and honestly, I think it will reach 1.84 and longer term even higher than that!
Trade with care!
Thank you,
PC
so here is a simple analysis on GBPCAD. I see a trendline re-test with a major support area that have been reach.
It could be the reversal area of GBPCAD. Also daily Bollinger Band 200 period been hit in the same area of the supply & demand area!
I expect higher than the target 1.84 would be the last high and honestly, I think it will reach 1.84 and longer term even higher than that!
Trade with care!
Thank you,
PC
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.