#GBPCAD - H1
📣 Upon reviewing the 1-hour timeframe, with the break of the resistance level in the range of 1.7063, it is possible to initiate a buy position with a target of 1.7150.
â›” Stop loss: 1.6980
On the other hand, with the break of the 1.6980 range, there is a bullish outlook for a price decline towards the 1.6900 range.
â›” Stop loss: 1.7063
📣 Upon reviewing the 1-hour timeframe, with the break of the resistance level in the range of 1.7063, it is possible to initiate a buy position with a target of 1.7150.
â›” Stop loss: 1.6980
On the other hand, with the break of the 1.6980 range, there is a bullish outlook for a price decline towards the 1.6900 range.
â›” Stop loss: 1.7063