GBPCAD: Important Breakout 🇬🇧🇨🇦
GBPCAD is trading in a strong bullish trend on a daily.
For the last 2 weeks, the pair was consolidating within a horizontal range on a daily.
With the yesterday's bullish movement, the price successfully violated the resistance of the range.
It confirms the strength of the buyers and indicates a highly probable bullish continuation.
Next resistance - 1.755
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Swingtading
Potential Bullish ContinuationThe consolidation was a pain, but now it looks like at a potential double bottom is forming after the drop.
Wanna see how far we'll go up if that's the direction as a continuation, or if we'll get to the trendline below and break/support it.
BULL TPS:
• 0.90242
• 0.90955
• 0.91256
BEAR TPS:
• 0.89641
• 0.89467
• 0.89025