GBPCAD currency pair today reversed down from the strong resistance level 1.7850, which stopped the previous impulse waves (i) and i in July and August respectively.
The resistance level 1.7850 was further strengthened by the upper daily Bollinger Band.
Given the strength of the resistance level 1.7850 and the bearish divergence on the daily Stochastic, GBPCAD currency pair can be expected to fall further to the next support level 1.7700 (low of the minor correction a from last month).
Apple: ⬇️ Sell - Apple reversed from resistance level 220.00 - Likely to fall to…
IBM: ⬆️ Buy - IBM reversed from support zone - Likely to rise to resistance…
AUDNZD: ⬆️ Buy - AUDNZD reversed from key support level 1.0930 - Likely to rise…
EURCAD: ⬇️ Sell - EURCAD reversed from the resistance zone - Likely to fall to…
The crypto market has increased by over 5% and is nearing the $2.9 trillion. The…
Gold: ⬆️ Buy - Gold continues daily uptrend - Likely to rise to resistance level…
This website uses cookies