The GBPCAD forms new bullish channel – Analysis – 26-1-2023
Economies.com
4 months ago
The GBPCAD pair formed minor bullish wave recently as appears on the chart, to support the chances of resuming the bullish attack, as the continuous stability of 1.6420 support line and stochastic attempt to provide the positive momentum allow us to expect targeting 1.6745 level soon, while surpassing it will increase the chances of providing strong pressures on 1.6930 barrier, to form the next main target for the bullish trades.
The expected trading range for today is between 1.6550 and 1.6745
The expected trend for today: Bullish
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