• GBPCAD approached key resistance level 1.7670
• Possible downward correction to 1.7600
GBPCAD has been rising in the last few trading sessions and is currently trading near the key multi-month resistance level 1.7670 (which stopped the previous wave (B) in July as can be seen below).
The resistance area near the resistance level 1.7670 is strengthened by the upper daily Bollinger Band.
If the pair fails today to close above the resistance level 1.7670 – the pair can then fall to the next support level 1.7600.
The crypto market has continued to cool down for the third day, with a 1.7%…
- 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…
This website uses cookies