0 0

October 14, 2020 at 03:35PM

• GBPCAD reversed from support area

• Likely to rise to 1.7240

GBPCAD recently reversed up from the support area located between the previous support pivot from September 1.6910 and the lower daily Bollinger Band.

The upward reversal from this support area is likely to create the daily Japanese candlesticks reversal pattern Piercing Line if the pair closes today near the current levels.

GBPCAD is likely to rise further toward the next resistance level 1.7240 (which reversed the price multiple times from the end of September).

Continue Reading…

From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/gbpcad-wave-analysis-14-october-2020-20201014/
Selected by fonecable.com

euro
Search Web: GBPCAD Wave Analysis 14 October, 2020

Recent Posts

euro

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published. Required fields are marked *