• GBPCAD under bearish pressure
• Likely to fall to support level 1.6800
GBPCAD under the bearish pressure after the price broke the key support level 1.6965 (which has been reversing the price from the middle of Decembers).
The breakout of the support level 1.6965 should accelerate the active minor impulse wave c – if the price closes today below 1.6965.
GBPCAD is likely to fall further toward the next support level 1.6800 (former strong support from September and December and the target price for the completion of the active impulse wave (c)).
Market picture The crypto market has lost 3.3% in the last 24 hours to $2.3…
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
This website uses cookies