Short Term GBPCAD
Price currently respecting the 50 EMA along with a very significant support area.
It appears that selling pressure has eased, so I am looking at a long for the time being with stops below the minor support area beneath. This minor support area may also prevent more selling pressure. MACD appears to be about to make a cross to the upside.
It appears that selling pressure has eased, so I am looking at a long for the time being with stops below the minor support area beneath. This minor support area may also prevent more selling pressure. MACD appears to be about to make a cross to the upside.
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