Analytics GBPCAD based on round levels, price channels and altered wave analysis.
30/08/2019 tehrnichesky analysis GBPCAD
Round background level of 1.6180, which is the level of support that actively hinders sellers GBPCAD pair. The overall trend is up, as evidenced by the range of 365 and 150 moving averages. Now the price is in the range of sliding, which gives the potential for movement. Just Oscillator indikatorStochastic is oversold, and the display signal line MACD is below the histogram.
Forex Trade Idea GBPCAD:
Buy GBPCAD on the formation of the rising pattern 123.
Stop Loss under round intermediate level of 1.6150.
The goal - the resistance level of 1.6340.
Author: Eugene Boguraev Grand Capital
Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.