GBPCAD continues to rise inside the medium-term impulse wave (3) which stared earlier from the support area lying between the strong support level 1.6600 (monthly low from August) and the lower daily Bollinger Band.
The active impulse wave (3) belongs to the long-term impulse sequence ③ from the middle of August.
GBPCAD is expected to rise further and re-test the next resistance level 1.7200 (which reversed the previous waves (1), (b) and B).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
