GBPCAD Outlook: Breaking from Inverted Cup
GBPCAD Outlook: Breaking from Inverted Cup
GBPCAD
1. Price Formation: The price has broken out from an inverted Reverse Cup &Handle price formation on a daily chart.
2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA.
3. 200-day Moving Average is above the Price.
5. Relative Strength Index (RSI): The RSI is <than 50.
6. Price Target: 1,6183
GBPCAD
1. Price Formation: The price has broken out from an inverted Reverse Cup &Handle price formation on a daily chart.
2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA.
3. 200-day Moving Average is above the Price.
5. Relative Strength Index (RSI): The RSI is <than 50.
6. Price Target: 1,6183
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.
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.