British Pound / Canadian Dollar

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GBPCAD has hit our Take Profit from the trade idea we have published 3 days ago.

Full analysis: Idea:GBPCAD - possible sells?
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GBPCAD trade idea that was published on 10th of January (3 days ago) is coming to our Take Profit.

Check out the full analysis: Idea:GBPCAD - possible sells?
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It's time to wrap up and unwind, enjoy your weekend to the fullest!

GBPCAD

GBPCAD before and after result.
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GBPCAD I triggered this trade based on liquidity which the blue mark-up represents, while greenish mark-up represents support and resistance. Targets is a 192pips
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Here is our view on GBPCAD Potential short opportunities.

We believe that GBPCAD could continue to the downside. We have two possible entries. One could be at the pullback at 1.78061. The second entry could be at the break of previous lows sitting at 1.76267. We are aiming for the target and deeper lows sitting at 1.74818. We can expect the higher pullback to be visited if 1.77443 is broken.

PARAMETERS; for the pullback trade

- Entry: 1.78061
- SL: 1.78773
- TP: 1.74818

PARAMETERS; for the break trade

- Entry: 1.76267
- SL: 1.76971
- TP 1.74818

KEY NOTES

- GBPCAD remains bearish.

- Break above 1.77443 would confirm a pullback to our first entry sitting at 1.78061.

- Break below previous lows (1.76267) would result in deeper pullbacks.

Happy trading!

FxPocket

Full analysis: Idea:GBPCAD - possible sells?
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GBPCAD

Today Outlook for GBPCAD.
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If you want to make it in trading. You need to treat it like a business.

GBPCAD

Before and after result.
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GBPCAD fomc news is coming gold will make 200 pips target