I try to make analysis for GBPCAD pair today.
I see this pair still in strong bullish movement . If this pair can break the 1.6984 resistance level, I predict this pair will go up to the next resistance level at 1.7034 But if this pair go down and break 148.00 support level, I predict this pair will make some correction to the next support level at around 1.6934
Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 1.6949 and take profit at 1.7034
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.