GBPCAD Daily Chart:Bears Could Prevail
GBP/CAD 4H Chart: Bulls could prevail
The Pound Sterling appreciated by 2.88% in value against the Canadian Dollar during last week's trading sessions. The currency pair tested June 25 high level at 1.6814 on October 11.
Although, the upper boundary of an ascending channel pattern at 1.68355 could provide resistance for the currency exchange rate within this week's trading sessions.We should see more downward today......
The Pound Sterling appreciated by 2.88% in value against the Canadian Dollar during last week's trading sessions. The currency pair tested June 25 high level at 1.6814 on October 11.
Although, the upper boundary of an ascending channel pattern at 1.68355 could provide resistance for the currency exchange rate within this week's trading sessions.We should see more downward today......
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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.