Get started
zanysymdee

GBPCAD sell move after the cad cpi data release

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
zanysymdee  
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
The GBPCAD is making a retracement and should revisit the supply area around the 1.7100 before making a drop towards the 1.68500 on intraday trades, while looking from the daily time frame we would be seeing the price moving lower towards the next support level of 1.6200 on a swing position

swing/intraday entry: 1.71000
swing stoploss: 1.73900
intraday stoploss: 1.71700
swing take profit: 1.62000
intraday take profit: 1.68550
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.