GBPCAD Bullish Wedge Pattern: Potential for Further Growth
GBPCAD Bullish Wedge Pattern: Potential for Further Growth
The GBPCAD has recently broken out from a bullish wedge pattern, suggesting that the GBP is likely to see an increase in bullish volume today.
Previously weakened by the Bank of England's (BOE) rate cut, it appears the market has already digested this news.
The last two candles are both green and long, signaling potential for continued growth.
Key resistance zones to watch are near 1.7790 and 1.7850.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
The GBPCAD has recently broken out from a bullish wedge pattern, suggesting that the GBP is likely to see an increase in bullish volume today.
Previously weakened by the Bank of England's (BOE) rate cut, it appears the market has already digested this news.
The last two candles are both green and long, signaling potential for continued growth.
Key resistance zones to watch are near 1.7790 and 1.7850.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Nota
Trade attivo
GBPCAD is rising well:)Nota
Trade chiuso: obiettivo raggiunto
GBPCAD - Both targets reached:)
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.