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Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

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Technical Analysis

GBPCAD broke through important 1.6425 price line

Autochartist
2023-01-18

GBPCAD has broken through a resistance line. It has touched this line numerous times in the last 16 days. This breakout shows a potential move to 1.6539 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

Not investment advice. Past performance does not guarantee or predict future performance.

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