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GBP/CAD Trading Analysis (21/06/2023)

21.06.2023

Market Review

The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downtrend truncated wave structure finished with the breach of the pivot.
 

GBP/CAD Price Chart as of 21/06/2023 with technical indicators

Trading idea:

Buy at the breach of 1.6893.

Stop-Loss: 1.6841.

Target price levels: 1.6950, 1.69777.

#gbpcad #forex #forextrading #forextradingstrategies #forexmt5

Author: GC
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