Forex Signals – GBP/CAD Technical Analysis and Forecasts [05-06-2020]

GBP CAD Forex Trading Signals

GBPCAD Technical Analysis and Forcasts 

Price Expected to Continue UPtrend.

Time Frame- 4H

1- Market Sentiment – Bullish.

2-Price Bounce Back at Support Level

Trade Setup

Position :- Long
Entry Level :- 1.7000
Stop Loss Level :- 1.6550 (450pips)
Take Profit Level :- 1.7700 (700pips)

Alternative scenario

Down Trend Maybe Continue if price break below 1.6850 which will leads to 1.6550

 

 

 

 

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Note:-

Forex Trading is Highly Risky Business , do your own research and be aware of the risks and rewards. Always use Stop Loss. 

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