Don't miss the great buy opportunity in GBPCAD

FX:GBPCAD   British Pound / Canadian Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6591). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 78.

Take Profits:
TP1= @ 1.6817
TP2= @ 1.6970
TP3= @ 1.7312

SL= Break below S2

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Looks good bud! Helps to understand where the market is going!
+1 Reply
@Fxyasin, Thanks for your comment.
Nice analysis!
Just a quick glimpse at the chart will tell that it is what we should expect of a good TA.
+1 Reply
@fxniki, We appreciate your kind words and support.
Fxyasin ForecastCity
@ForecastCity, what if brexit goes forward wont the GBP drop?
@Fxyasin, Sorry, We do not provide a private consultant, please use the published ideas to know more about our technical analysis, forecasts or trading opportunities.
You can search what you're looking for in our published ideas.
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Fxyasin fxniki
@fxniki, do you follow gold bud?
Great analysis man, that's exactly what I'm anticipating
+2 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, You're welcome!
Thanks for sharing your point of view with us.
wish you bests
+1 Reply
Very thoughtful,
This is such a complete analysis, I truly feel like I am learning quite a lot from you! Thanks!
+4 Reply
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