The GBPCAD eases the way towards a new rise– Analysis – 9-12-2022

Economies.com
2022-12-09 09:28AM UTC

The GBPCAD price provided a new positive close above 1.6505 level, to confirm its move to a new bullish track, to notice achieving extra gains by reaching 1.6685, besides the continuation of stochastic stability within the overbought level that will provide new positive momentum to ease the mission of resuming the bullish attack, to target 1.6755 and 1.6800 level in he near and medium period trading.

 

The expected trading range for today is between 1.6600 AND 1.6755

 

The expected trend for today: Bullish

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