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GBP/CAD 4H Chart: Bullish momentum likely to continue
The Great British Pound depreciated about 314 base points against the Canadian Dollar during the previous week trading session. The decline was stopped by the 100-hour simple moving average at 1.7400.
The 100-hour SMA guided the exchange rate towards a psychological resistance level at 1.7800 during Monday's trading session.
By and large, it is likely that the currency pair edges lower towards a support level formed by the weekly pivot point at 1.7560 during the following trading sessions.
However, technical indicators demonstrate that bulls could continue to push the currency exchange rate higher within this week's trading sessions.
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Pair:- Gbp cad
Signal:- Sell
I can see that the pair is showing resistance from the current market levels 1.76606. So, I recommend to sell this pair and can take the profit at level 1.76253.
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I try to make analysis for eurgbp pair today.Gbp/Cad
Recommendation Trend is :Buy
Recommendation : Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move.
Resistance level
1 Resistance level :1.7747
2 Resistance level :1.7792
3 Resistance level :1.7866
Support level
1 Support level : 1.7599
2 Support level : 1.7554
3 Support level : 1.7480
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
Regaerd :Kaka
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Today analysis for the pair of :Gbp/Cad
--- Trading opinion for the best profitable trade: Open sell ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level of this pair is:
1# Resistance is: 1.7747
2# Resistance is: 1.7792
3# Resistance is: 1.7866
Supporting level of this pair is :
1# Supporting is: 1.7599
2# Supporting is: 1.7554
3# Supporting is: 1.7480
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GBPCAD Analysis
Support 1.7584
Support 1.7474
Support 1.7415
Resistance 1.7794
Resistance 1.7868
Resistance 1.7988
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Gbp cad is going down and we can have a sell trade on this pair
Support and resistance levels:-
S3 1.7649
S2 1.7641
S1 1.7636
R1 1.7656
R2 1.7661
R3 1.766
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technical analysis of Gbp/Cad
Connors RSI:sell
Current Price is ; 1.7655
Pivot Point is:1.7677
Resistance Price is :
1. Resistance Level:1.7671
2. Resistance Level:1.7683
3. Resistance Level: 1.7692
Supporting price is :
1. Supporting Level: 1.7645
2. Supporting Level: 1.7633
3. Supporting Level: 1.7620
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GBP/CAD
This forex pair represents the British Pound - Canadian Dollar cross. This Sterling ('base currency') is one of the heaviest traded pairs in the world. The Loonie ('counter currency') is typically considered a commodity currency due to Canada's reliance on energy exports for growth.
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<< ---------== welcome dear sir ==-------- >>
today sir i am gonna to telling you that the technical analysis of ... Gbp/cad
by chart of the market ..
Now the current rate is .. 1.76768
now we can say the trend is ... Selling
1 ===== buying point is .. 1.76782
2 ===== selling point is ... 1.76772
i can hope that you have a signal from our useful post
i tried my best and hope you like it
<<.. Good luck dear sir ..>>
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Today live gbpcad currently currencies Price is 1.76676
Today by checking the all routine of the chart I think that the most profitable sell point will be 1.76500
And today I think that the most profitable buy point will be 1.76759
Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck my friends.
My all best wishes are with you.
Please don't forget to thank my post.
Thanks for reading my post.