Hello traders, we want to check the GBPCAD chart. The overall trend of the market is bullish and the price has reached a well-defined critical level that the price has reacted to several times in the past. Due to the fact that in the RSI indicator we see a divergence. We expect this level to stop the upward trend of the price and the price will fall to around 1.72000. Good luck.
Trade active
This trade has entered profit. If you have entered this trade, it is better to save the profit, but the trade is still active.Trade closed: target reached
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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.