website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast British Pound / Canadian Dollar technical chart
Symbol GBPCAD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateSeptember 25, 2021 - 19:42
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 1.67700, beginning of uptrend is expected.
  • We make sure when the resistance at 1.78740 breaks.
  • If the support at 1.67700 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 1.7602 on 09/20/2021, so more losses to support(s) 1.7167, 1.6905 and minimum to Major Support (1.6770) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 40.