Tag: GBPCAD
GBP/CAD – Brexit and OPEC guide the quotes
An interesting technical and fundamental situation takes place on the GBP/CAD pair. The key theme for the GBP is of course the trade agreement...
GBP/CAD (H4) – close to local resistance
Dynamic falls in GBPCAD led the price to support at 2.0012. Currently, it takes an upward correction, which is close to the resistance at...
GBPCAD – double top pattern in progress
Since August 2013 there is uptrend at GBPCAD. Resistance which price already reached caused multiple rebounds between years 1994 and 2007. For that reason it...
GBPCAD – break above upper limit of consolidation, however correction may be unfinished
For 2 weeks GBPCAD moved in consolidation between levels 1.9780, 2.0030. Yesterday, bulls broke above upper limit of consolidation and today stronger resistance at...
GBPCAD – the bulls are not giving up
Since beginning of August GBPCAD move up 500 pips from the bottom and it is moving in the upward channel. On Thursday upward movement...
GBPCAD waiting for test of fibo 50%
GBPCAD moves in an upward trend since 2013. Last two weeks were correction declines. Declines are very flat and even failed to reach fibo 50%...
Analysis after USA – USDCAD, EURNZD, GBPCAD
Welcome to the night trip :)
The USDCAD - we have a bearish formation. Here it could mean declines to re-test the long-term uptrend line,...