GBPCAD has been in an up-trend ranging from a top down analysis from a Daily timeframe to a 4hr. In the 4hr timeframe a correction has been made preparing us for a impulse move towards the upside. An inverse Head & Shoulder has been formed to confirm a reversal pattern to the upside. Therefore further more buying opportunities to the supply zone at 1.73210 for the following week.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.