Friday, November 15, 2024

GBPCAD is trying to Re-Enter the Box pattern which leads to -725 Points
1 mins well spent

GBPCAD Analysis

gbpcad falling from lower high

GBPCAD falling from the lower high area of the descending channel in the higher timeframe monthly chart

gbpcad 1hr tf

In the lower timeframe 1-hour chart, GBPCAD has broken the support area

GBPCAD Update:

GBPCAD is trying to Re-Enter the Box pattern, which leads to the SL price. However, GBPCAD still have chances to to fall from the broken Support area. Due to U.K. Consumer Price Index Economic news factors, GBPCAD is not making a technical movement and it’s ranging for now.

Be patience and wait for the next good opportunity signal.

We always want you to trade safe under all market conditions.


Don’t trade all the time, trade forex only at the confirmed trade setups.

Get more confirmed trade setups here: forexgdp.com/buy/

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