GBPCAD Forecast
Awaiting further confirmation, a double top formed on the H1 chart, so waiting to see if the market will respect the overall uptrend.
A reversal at 38.2% will be good confirmation for a definite buy seeing as price will have respected the uptrend on higher time frames.
A reversal at 38.2% will be good confirmation for a definite buy seeing as price will have respected the uptrend on higher time frames.
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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.