Gbp/Cad

resistance at 2.0904 and support prices in the price of 2.0323. potential price up towards resistance. and after that if there are signs of resistance to descend at 2.0904, then do sell.

Spoiler:

[IMG]http://i1073.photobucket.com/albums/...psg54fjaer.jpg[/IMG]

http://i1028.photobucket.com/albums/...ps4umccfsu.jpg
GBPCAD will down but up only for correction for down target correction at 2.0825 / fibo 23.6

http://i1028.photobucket.com/albums/...psmkwj6yjw.jpg



GBPCAD i think it is still will up again to in fibo 161.8 / at price 2.0921

http://i1028.photobucket.com/albums/...psyeaapq64.jpg



today GBPCAD movements bounced between fibo 0.0 / at price 2.0199 and fibo 23.6 / at price 2.0296

if this pair break the daily trend line and correct himself It will definitely go to the weekly trend line. but trend line support, fibs extension, and negative divergence is a strong signal for its trend continuation.
let see what happen in next week maybe some fundamental help us to find its next move.

:doubt::doubt:

http://i1028.photobucket.com/albums/...psvixmqusi.jpg



GBP USD is going down in the next week before going down will be a correction in the fibo 23.6 / at the price of 2.2096.

Click the chart and "PLAY IT"
https://www.tradingview.com/i/1IFHQSPL/


BAT:
Point B:
38.2% to 50% XA
Point C:
38.2% to 88.6% AB
Point D:
88.6% XA
Targets:
TP1 38.2% AD
TP2 61.8% AD

:good: If You enjoy this chart, hit that "thanks" button :good:

Safe trades;

the first location of the price for GBPCAD on today is below the main center point at 1.915 which going to warn about a downward pattern on the present day. Additionally as indicated by the moving crosses the fast MA20 have comes to be below the one delayed 48MA which could be identified as a bearish main direction for the pair. another sign to be mention appears by getting the current market rates below the line of the direction magic indicator to improve the chance of the downward trend on the current time. working with this investigation it can revealed the market is at downward pattern and the price should not able to break the resistance which is set at 1.9275 and we can also find the target near the location of 1.896 or the next price of 1.8855 on a row for short term sell orders that you hold
http://funkyimg.com/i/28qjx.gif

pair- gbp/cad

time frame analysis- h1

technical analysis-

http://i65.tinypic.com/10mvbc5.jpg

the resistance trend line has been break at the 1.8770 level. now the price is now moving in sideway with having resistance at 1.8990 level and rsi is also overbought level. the price will again down side. short with stop loss at at 1.9100 level and profit target at 1.8625 level.
good luck.

https://www.tradingview.com/i/9Mn5b6zO/

Hit that :good: