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Paun British / Dolar Kanada (FX:GBPCAD)

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FX:GBPCAD Paun British / Dolar Kanada

trendanalysis supportandresistance gbpcad pound caddollar breakout retest uptrend higherhigh abcdpattern

Looks like this pair is ready to continue its bullish continuation after breaking its weekly downtrend line & now is getting ready for its next leg to the upside rejecting daily support. Something to keep an eye on!

Komen:

38.2 fib is one of the most reliable levels to me & is very trustworthy. There is big news for CAD this week & the OPEC meeting on Wednesday will have a lot of impact on oil (Correlated with CAD). I am not entering just yet.

Komen:

nice ABCD pattern here as well

Komen:

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