Search
Products
Community
Markets
News
Brokers
More
IN
Get started
British Pound / Canadian Dollar
Short
Nov 8, 2019
GBPCAD: Bearish Outlook
5
0
Grab this chart
Grab this chart
2
2
answering questions about GBPCAD
I currently don't have any active positions on this pair,
however,
I am very bearish on GBPCAD at the moment.
first of all, the pair has recently formed a beautiful double top with rsi divergence.
In addition to that, the pair is trading on a strong level of horizontal resistance in conjunction with
a resistance line of the expanding wedge.
So I believe that the price still has the potential to drop at least to 1.67 level.
VasilyTrader
Follow
✅Join My Telegram Channel:
t.me/VasilyTrading
❗️YouTube Channel
youtube.com/c/VasilyTrader
💰Instagram:
instagram.com/VasilyTrader/
💰
✅Facebook:
facebook.com/VasilyTrading/
✅
Also on:
CAD
canadiandollar
forecast
Forex
Fundamental Analysis
Gann
GBP
GBPCAD
Technical Indicators
pound
Technical Analysis
trading
VasilyTrader
Follow
✅Join My Telegram Channel:
t.me/VasilyTrading
❗️YouTube Channel
youtube.com/c/VasilyTrader
💰Instagram:
instagram.com/VasilyTrader/
💰
✅Facebook:
facebook.com/VasilyTrading/
✅
Also on:
Related publications
DAX: Close to all time's high
by VasilyTrader
USDJPY: Update and Bullish Outlook
by VasilyTrader
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
.