Home About the company Daily reviews GBPCAD analysis 10.06.2020

GBPCAD analysis 10.06.2020

10.06.2020

Market Review

GBPCAD

The currency pair is trading in the range of the 1.7120 resistance level. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overboughtness. A breakout of the round intermediate level of 1.7050 will result in the formation of a descending pattern of 1-2-3.

Trading recommendations:

Sell below 1.7050 when the 1-2-3 descending pattern is formed.

Stop loss: 1.7020.

Target levels: 1.6970; 1.6924; 1.6850.

When the price reaches the resistance level of 1.7120, cancel the trading plan.

The GBPCAD rate online: monitor the movement of the pair in real time.

Author: admin
Back to all reviews Back

Subscribe to company news:

Thank you for subscribing to our analytics

Review topic

All Market Review
Log in Registration

Don't have your language?