GBP/CAD broke support zone

Read the article on FBS website
  • GBP/CAD broke support zone
  • Next sell target - 1.7400

 GBP/CAD today broke the support zone lying between the key support level 1.7770 (which reversed the price with the daily Hammer earlier this month) and the 38.2% Fibonacci correction of the upward price impulse 1 from the start of January. GBP/CAD is expected to fall toward the next sell target at the next support level 1.7400 (monthly low from February and the target price for the completion of wave 2).

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.