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GBP CAD Technical Analysis Chart Forex Trading Tips - GBP CAD moving in a strong range bound zone and it has formed rectangle formation in daily chart, Sharp move expecting once it comes out from its formation. (Updated On 28th July 2014, Monday).





  • GBP CAD is moving in a rectangle formation in daily chart, a tug of war between bulls and bears. chart indicates price stuck between 1.86500 - 1.80880. This indicates once GBP CAD breaks and closes below or above its formation then sharp move is expecting.
  • Chart indicates if GBP CAD moves up from current levels then will find strong trend line resistance around 1.85010, 1.85870 & 1.86500.
  • And if GBP CAD moves down from current levels then will find strong trend line support around 1.81310, 1.80880 & 1.79490.
  • As long as price moving in its range trend is not clear.
  • Click here to see all the reports (tips) published by us on FOREX- GBP CAD (as per technical analysis point of view).
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.