GBPCAD Analysis
GBPCAD is moving up and down between the resistance and support trend line ranges.
Now, GBPCAD is standing near to the resistance trend line, let’s wait for the confirmation of breakout or reversal.
Fundamental Analysis
British pound likely to fell as EU-UK trade talks still remains incomplete.
Next round of talks going to takes place on coming week Thursday, November 19. In this meeting, the EU members further need to decide whether Brexit talks need to progress or fully withdraw it. In addition to these, coronavirus cases surge back as the second wave in the UK.
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Hello, thank you for your analysis, looking forward to learn more.