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Malika_Analysis

BULLISH RUN FOR GBPCAD

Long
British Pound / Canadian Dollar (FX:GBPCAD)  
Malika_Analysis Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Wave Analysis Chart Patterns GBPUSD GBPCAD gbpcadlong gbpcadshort gbpcadanalysis gbpcadforecast gbpcadbuy
2
0
trendanalysis waveanalysis chartpattern gbpusd gbpcad gbpcadlong gbpcadshort gbpcadanalysis gbpcadforecast gbpcadbuy
On the Weekly time frame price is very bearish in comparison to the bullish momentum we're experiencing. Having said that, price is showing potential to move to the marked target at 1.64840. This is because price move bullish and retraced to respect the 0.5% Fibonacci Level from which price rejected and continued to move bullish.

Happy trading all
Trade active
Trade closed: target reached

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