FX.co ★ gaylord93 | GBP/CAD

The past trading week for the GBP/CAD pair turned out to be very successful for buyers, and as a result of the subsequent growth, we were able to first reach the resistance level at 1.8700, and then break through it. Volumes throughout this action were quite high and gradually increasing, hinting at further entries of large buyers into positions. Moreover, the fact of closing above the designated level at the end of the trading week paves the way for a new wave of purchases. In general, I prioritize buying, so I will be expecting the continuation of the growth that started last week towards the targets at the nearest calculated resistance level of 1.8820 by the end of the current day. Hello traders!