GBPCAD: Important Breakout

502
snapshot

GBPCAD reached a major daily support this week.
The next day we say a strong bullish movement with a bullish engulfing candle.

Yesterday, the price managed to break a resistance line of a falling channel.

Now its broken resistance turned into support and we expect more growth.

Goals:
1.7395
1.7435

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.