GBPCAD May Go Higher! Here is Why: 🇬🇧🇨🇦
Updated
https://www.tradingview.com/x/BbmxZefa/
GBPCAD is trading in a bullish trend on a daily since the end of September.
The price set new higher lows, respecting a solid rising trend line.
On Friday, the price set a new higher high higher close, violating a local
daily horizontal resistance.
It signifies a strength of the buyers and a highly probable bullish continuation
to the next strong resistance.
The next structure on focus - 1.699
❤️Please, support my work with like, thank you!❤️
GBPCAD is trading in a bullish trend on a daily since the end of September.
The price set new higher lows, respecting a solid rising trend line.
On Friday, the price set a new higher high higher close, violating a local
daily horizontal resistance.
It signifies a strength of the buyers and a highly probable bullish continuation
to the next strong resistance.
The next structure on focus - 1.699
❤️Please, support my work with like, thank you!❤️
Note
the market is retesting a broken structure
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