Big movement possible on GBPCAD

GBPCAD has broken through a line of 1.5987 and suggests a possible movement to 1.5845 within the next 2 days. It has tested this line numerous times in the past, so one should wait for confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 8 days.

Trade Now Sign Up
Try a Free Demo Account

Leave a comment