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Daily overview for GbpCad
The price is finding the first support at 1.7461 and the next support is at 1.7436 The price is finding the first resistance at 1.7506 and the next resistance is at 1.7528
“--- Trading recommendations for trading : Open Buy ---“
I predict price will be continued flying today. The first target is the level 1.7520 After fixing below the first target, then price will go to the level of 1.7550 will become the next one.
we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
Standart Support – Resistance Level:
Resistent1 : 1.7506
Resistent2 : 1.7528
Resistent3 : 1.7545
Support 1 : 1.7461
Support 2 : 1.7436
Support 3 : 1.7451
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Current price of gbp/cad is 1.7492
by observing all the routine of the market carefully,now i say this pair is in selling trend,and most profitable points will be as under
sell 1.7490
tp 1.7065
sl 1.7698
good lluck
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this is my analysis for GBPCAD
hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 1.7513 and the pair will continue to go up to the next resistance level at 1.7534
Resistent1 : 1.7510
Resistent2 : 1.7532
Resistent3 : 1.7505
Support 1 : 1.7465
Support 2 : 1.7446
Support 3 : 1.7503
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 1.7508 , stop loss at the level 1.7453 target take profit at the level 1.7533
if market movement as my scenario, you can earn good profit and avoid much loss in your trading keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.
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GBPUSD is approaching our first resistance at 7.02551 where we might see a corresponding drop to our first support level Stochastic is approaching resistance as well.
1 Resistance Level is : 1.7535
2 Resistance Level is : 1.7548
3 Resistance Level is : 1.7560
1 Supporting Level is : 1.7513
2 Supporting Level is : 1.7495
3 Supporting Level is : 1.7479
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Support 1.7366
Support 1.7239
Support 1.7020
Resistance 1.7570
Resistance 1.7651
Resistance 1.7859
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Trading pair Gbp/Cad
Trend is: Buy
Resistance level
Resistance is : 1.7535
Resistance is :1.7544
Resistance is : 1.7561
Supporting level
Supporting is ;1.7553
Supporting is : 1.7495
Supporting is : 1.7484
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GBPCAD trend is buy
Resistant 1 : 1.7506
Resistant 2 : 1.7528
Resistant 3 : 1.7545
Support 1 : 1.7461
Support 2 : 1.7436
Support 3 : 1.7451
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Technical analysis Gbp/Cad is bearish trend
Resistance and Supporting levels is :
Current Rate is :1.7503
Resistance level is
1> Resistance level is:1.7519
2> Resistance level is: 1.7532
3> Resistance level is: 1.7545
Supporting level is
1> Supporting level is: 1.7489
2> Supporting level is: 1.7467
3> Supporting level is: 1.7456
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GBPCAD TODAY ANALYSIS
MARKET TREND BULLISH
PIVOT POINT 1.7503
Support 1 1.7391
Support 2 1.7326
Support 3 1.7148
Resistance 1 1.7569
Resistance 2 1.7680
Resistance 3 1.7858
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technical analysis ofGbp/cad
Parabolic is : sell
Moving average:sell
Current price:1.7484
Pivot point:1.7507
Resistance and Supporting level :
1.Resistance level is :1.7498
2.Resistance level is :1.7512
3.Resistance level is : 1.7523
1.Supporting level is : 1.7471
2.Supporting level is : 1.7465
3.Supporting level is :1.7451
