GBPCAD rebounded from supply zone at level 1.7480 with bearish movement
Pair broke uptrendline
Price is based below HVN at level 1.7365 which indicates that pair is in distribution phase
MACD shows start of bearish momentum
It's expected to target key level at 1.7205
Pair broke uptrendline
Price is based below HVN at level 1.7365 which indicates that pair is in distribution phase
MACD shows start of bearish momentum
It's expected to target key level at 1.7205
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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.