Long trading signal
GBPCAD is currently in an ideally wise by forming an upward support along with our 200 SMA at H1 TF. An up trending momentum with higher lows and higher highs are continually forming and signalizing for a long only with GBPCAD.
Resistance level we have immediately at 1.739x, and we are expected that 1.739x will be soon broken up and becomes support area to push GBPCAD to the next highs.
Support zone should be below 1.7205:
Detailed take profits and stop loss levels take a look at our trading signal below: