Hello guys,
so here is a simple analysis on GBPCAD. I see a trendline re-test with a major support area that have been reach.
It could be the reversal area of GBPCAD. Also daily Bollinger Band 200 period been hit in the same area of the supply & demand area!
I expect higher than the target 1.84 would be the last high and honestly, I think it will reach 1.84 and longer term even higher than that!
Trade with care!
Thank you,
PC
so here is a simple analysis on GBPCAD. I see a trendline re-test with a major support area that have been reach.
It could be the reversal area of GBPCAD. Also daily Bollinger Band 200 period been hit in the same area of the supply & demand area!
I expect higher than the target 1.84 would be the last high and honestly, I think it will reach 1.84 and longer term even higher than that!
Trade with care!
Thank you,
PC