The GBPCAD continues the negative stability – Analysis – 10-9-2019
Economies.com
2019-09-10 09:08AM UTC
There is no change on the GBPCAD price trading by providing repeated negative closes below the resistance at 1.6330, delaying the negative attack is caused by stochastic contradiction by its rally above 50 level, to force the price to form repeated sideways trading, to settle near 1.6250 level.
We expect forming a strong negative trading by gathering a new negative momentum in the current period to press on 1.6025 level, and breaking it will make it target the achieved bottom at 1.5870.
The expected trading range for today is between 1.6300 and 1.3025
The expected trend for today: Bearish
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