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Weekly forecast | British Pound / Canadian Dollar technical chart | |||
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Symbol | GBPCAD |
Trading suggestion: There is possibility of temporary retracement to suggested Trend Hunter Sell Zone (1.7675 to 1.7790). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
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Date | April 24, 2021 - 12:03 | |||
Current | range bound | |||
Forecast | continuation of downtrend | |||
Midterm forecast:
Technical analysis:
Take Profits:
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