FX.co - GBP/CAD approaching resistance, potential drop!

2020-04-22T02:59:34

Relevance until2020-04-23

Trading Recommendation

Entry: 1.76955

Reason for Entry: Horizontal overlap resistance, 61.8% fibonacci extension and 78.6% fibonacci retracement

Take Profit : 1.71778

Reason for Take Profit: Horizontal overlap support, 50% fibonacci retracement

Stop Loss: 1.79977

Reason for Stop loss: Horizontal swing high resistance

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ GBP/CAD approaching resistance, potential drop!