GBPCAD
- As per previous report published on GBPCAD, currency showed weakness after breaking its rectangle formation @ 1.80880 and after that made a low @ 1.7530. (Click here to see previous report published iin GBPCAD).
- Now as per current forecast, currency gave a sharp weakness after breaking its formation as shown in chart no1.
- Suggested Reading - Investing in penny stocks.
- As per graph no2, GBPCAD moving up from 161.8% fibonacci retracement, so as long as holds above down trend will not be clear.
- If GBPCAD moves up from current levels then will find resistance around 1.77655, 1.79052, 1.80244 & 1.81369 9 as shown in chart no3. Close Watch.
- Click here to see all the forecast (trading tips) reports published by us on GBPCAD.
- Forex tips.
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