GBPCAD at consolidation position strong pullback/Downtrend

Short

British Pound / Canadian Dollar (OANDA:GBPCAD)

OANDA:GBPCAD British Pound / Canadian Dollar

FORECAST: Price rejects previous high and heading towards resistance, small downtrend we can expect here.
100 EMA: Downtrend
800 EMA: Downtrend
Note: Scalp Trade can be profitable at the moment

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.