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The GBPCAD attempts to resume the rise– Forecast today – 21-5-2025
The GBPCAD began proving positive signals by surpassing the 1.8590 level, to activate the inverted double top pattern by achieving some of the gains by hitting 1.8670 level.
Note that the continuation of stochastic fluctuation near 80 level will increase the chances for gaining positive momentum in the current period, to ease the mission of recording extra gains that might extend towards 1.8755 reaching the resistance of the bullish channel at 1.8920 in the near period trading.
The expected trading range for today is between 1.8600 and 1.8755
Trend forecast: Bullish
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Natural gas price recovers its losses– Forecast today – 21-5-2025
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