• GBPCAD reversed from support level 1.6120
• Likely to rise to resistance level 1.6400
GBPCAD currency pair earlier reversed up from the key support level 1.6120, which stopped the previous minor impulse wave (i) at the start of last month.
The upward reversal from the support level 1.6120 stopped the previous minor impulse wave (iii), which belongs to wave 5 from December.
Given the oversold daily Stochastic, GBPCAD can be expected to rise further toward the next resistance level 1.6400.
Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…
Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…
Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…
Silver: ⬆️ Buy - Silver broke resistance zone - Likely to rise to resistance level…
The Fed is in no hurry to cut rates, and Hassett is unlikely to accelerate…
Crypto market faces renewed downward pressure; Bitcoin may drop further, with diverging forecasts for 2026…
This website uses cookies