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(GBP/CAD) exchange rate struck a fresh one-week low on Wednesday, with the pairing falling as low as CA$1.6475 amid fears that the UK economy could be headed for a recession this year.
This comes in the wake of the UK’s latest PMI figures, which revealed that the private sector contracted for the first time in three years in June and prompted speculation of a 0.1% decline in GDP in the second quarter.
Meanwhile, CAD exchange rates were buoyed by the release of the Canada’s latest trade figures as the country recorded a surprise trade surplus in May
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Gbp/Cad
Trend is : sell
parabolice indicator is: sell
Resistance and supporting level of this pair is :
Pivot Points:1.7219
Current price:1.7168
Resistance level of this pair is:
1# Resistance is: 1.7179
2# Resistance is: 1.7188
3# Resistance is: 1.7199
Supporting level of this pair is :
1# Supporting is: 1.7152
2# Supporting is: 1.7141
3# Supporting is: 1.7132
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Ap sy request ha k ap apni behalf par trading kary ye srf meri personal analysis he ap apne khud k mind se trade kare.
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Gbp/Cad
Bid / Ask1.6459 / 1.6465
Day's Range1.6415 - 1.6462
52 wk Range1.6412 - 1.7804
Prev. Close1.6411
Open1.6409
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technical analysis for GbpCad
this pair price already touched daily support level 1 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 you can take Sell position
the pivot point will be first target
stop loss will be down the support 1 level
Recomend Today = Bearish trend 80%
Note : keep take low risk and avoid greedy !!
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Aj ke analysis pair hai:Gbp/cad is buy
pair ka Trend hai:1.6455
Pair ka Piviot Point hai :1.6446
Pair ka Resistance and supporting level kuch es tara se hai:
:
Mera Resistance yeah hai ,,,
Resistance level first hai:1.6495
Resistance level 2nd hai : 1.6530
Resistance level 3rd hai: 1.6555
Mera support yeah hai ,,,,,
Supporting level first hai: 1.6434
Supporting level 2nd hai: 1.6422
Supporting level 3rd hai:1.6410
Umed hai ap ko mere analysis pasand aye hon ge :
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GBP cad b ek acha pir hai humin si amn se acha profiot use waqwat hasil hota hai jab huamin is ka abary min kuch na kuch information hopti hi jab humin is ak baray main kuch b information nhi hoti hai toh humain kuch b is mains e hasil nhi hota hai
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Pivot Point 1.6451
1 Resistance 1.6491
2 Resistance 1.6552
3 Resistance 1.6592
1 Support 1.6389
2 Support 1.6350
3 Support 1.6288
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Gbp/Cad
Trend is : sell
parabolice indicator is: sell
Resistance and supporting level of this pair is :
Pivot Points:1.7218
Current price:1.7167
Resistance level of this pair is:
1# Resistance is: 1.7171
2# Resistance is: 1.7182
3# Resistance is: 1.7193
Supporting level of this pair is :
1# Supporting is: 1.7157
2# Supporting is: 1.7148
3# Supporting is: 1.7139
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High 1.7513 Low 1.7448
order is made if the price approaching 1.7530 and 1.7450 to buy, so when the price falls to 1.7450 figure we'll be able to produce a good market direction,, our minimum order takeprofit 25 points,
