GBPCAD: Waiting For Breakout 🇬🇧🇨🇦

Panjang

Paun British / Dolar Kanada (OANDA:GBPCAD)

OANDA:GBPCAD Paun British / Dolar Kanada

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It looks like GBPCAD is preparing for a bullish movement.

Analyzing the 4H time frame, I spotted a bullish flag pattern
and a confrimed breakout of its upper boundary.

The last obstacle for the buyers is the 1.6825 - 1.6850 resistance on a daily.
If bulls break and close above that, it will be an important bullish clue.

A bullish continuation will follow then at least to 1.692

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GBPCAD: Waiting For Breakout 🇬🇧🇨🇦

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