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ToniSignals

GBP/CAD Signal - GBP GDP Estimate - 11 Oct 2021

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
ToniSignals Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Supply and Demand Trend Lines GBPCAD Forex forexsignals pund
0
3
trendanalysis supplyanddemand trendline gbpcad forex forexsignals pund
GBPCAD is trending to the downside currently prior to the GDP Estimate released by the National Institute of Economic and Social Research, which is an estimate of growth over the last 3 months up to the report which comes out a month before the official announcement. Technically the pair has brokken support, the 1h candle is a bearish rejection of upside, and the RSI points to further downside.

Trade closed: target reached
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