gbdavid2
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0Joined Jul 27, 2020
parallelchannel
supplyanddemand
uturn
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GBPCAD has broken the key level at 1.73498. A U-Turn shape has formed in the 4h timeframe between 12 and 14 August.
2
CCI Indicator shows divergence in the last few hours of trade. If we ignore the big spike up/down that happened on 30 July, the true areas of support and resistance continue within the channel and we might see a small last push up. Trade with caution as the spike on 30 July formed a V-shape turn which might mean that the bears are starting taking control and the...
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