Gbp/Cad

GBP/CAD is Bullish


@ Resistance 1.6101
@ Resistance 1.6014
@ Resistance 1.5927


@ Supporting 1.5813
@ Supporting 1.5763
@ Supporting 1.5631

Today market analysis and trend sell
Analysis Gbp-Cad
I use scalping strategies on this currency pairs so I
prefer the short time that is the timeframe M15 and M30,
that's position market then also there are some indicators
that I use as the Bollinger Bands is BREAK LOW, ADX
is DOWN TREND 82.62%, Stochastic is BREAK HIGH.
market touch resistence 3rd level and move down
then I strongly encourage you to order SELL

Daily fundamental and technical analysis
Forex Market Main ajj fibionicci pivot point 97.91% par hai jiss say ye maloom ho raha hai
k ajj market me taazi anay wali hai
traders ke liya zarori hai ke sport or resistence ko follow karen
or market me sell yani nechey ki janab trade ko open kar lain sab
indicator market nechay ki janab he janay ka eshara day rahain hain

Gbpcad
british pound / canadian dollar
1.64623
cad
−0.00245 (−0.15%)
market open (sep 24 04:43 utc-4)
1.64868
prev
1.64868
open
77.923k
volume
1.64545 — 1.65056
day's range

GBPCAD Trend is SELL


1 Resistance : 1.6556
2 Resistance : 1.6583
3 Resistance : 1.6626


1 Supporting : 1.6470
2 Supporting : 1.6443
3 Supporting : 1.6400

GBP/CAD is the forex ticker that shows the value of the British Pound against the Canadian Dollar; telling traders how many CAD are needed to buy one Pound Sterling. The GBP/CAD rate is heavily influenced by the performance of the US Dollar and the Euro and related economic and political events. Follow the GBP/CAD chart and our GBP/CAD forecasts for the latest on the Pound-Canadian Dollar price movements. Our expert news and analysis articles will further help you plan your trades.

The slowdown in the UK economy has been seen from the Purchasing Manager's Index (PMI) data. In July, the IHS Markit / CIPS UK manufacturing PMI was at 48, the lowest in the past 6.5 years. "In July, we saw the manufacturing sector 'suffocated' because of the global economic slowdown.

Plus there is political uncertainty, "said Rob Dobson, Economist of IHS Markit, in a written statement. In addition to economic growth, investors should also look at the release of Chinese trade data on August 8.

In July, exports of the Bamboo Curtain country were estimated to contract 2.2% YoY, 7.6% YoY imports, and a trade balance surplus of US $ 37.49 billion, citing the consensus of Trading Economics. This data is important because it can determine the direction of US-China trade negotiations.

If China's trade surplus (especially against the US) continues to swell, then the US might become inflamed. US President Donald Trump can be more confident in implementing import duties for the import of products made in China valued at US $ 300 billion starting next September.

Yes, investors also seem obliged to continue to monitor the development of US-China trade relations that are getting hot again. Because, China will reply if the US really imposed the import duty. Instead of trade peace, the US-China will instead lead to the umpteenth volume of trade war.

Today Gbp-Cad market trend is sell
After doing fundamental analysis or technical analysis the market today sport
or resistence showing 51.22% trade in sell position
according indiactor zigzag 85% parabolic 58.33% and sport resistence
in time frame h1 and h4 market touch
resistence 1 level and again retrace down so i sajjust to open sell trade
and make huge profit so must use stoploss and take profit

GBPCAD pair seems showing signs heading downwards.
I think take Sell option is the best choice to making more profit in this market today.
the first target is the first support level,
after that this pair very potential go fall to the second support,
but we must careful because the market can move opposite in a short time
if my prediction does not match with market conditions,
we already have a plan B to get profits and minimize risk
use your capital wisely and avoid using too much risk because it can burn your trading account quickly.

Today market trend is sell
Gbp-Cad today my fundamental analysis
the pair price already touched daily support 2 level and above trend line.
Now the price try to move Downward.
I think the price may touch daily pivot point frokhat ki satah par hai .
so Sell 81.74%
the pivot point will be my target
stop loss will be down the support 1 level
Recomand Today Sell 11.87%
Note: Take Small Risk And Earn Dailly