23.07.2020
The overall trend is upward. A breakout of 1.7080 will result in the formation of a rising M5 level pattern in wave (C) of a rising M15 level pattern, which may be the wave (C) of a rising H4 level pattern. The descending pattern (the assumed wave B M15) is truncated.
GBPCAD rate online: monitor the price movement in real time.
Trading recommendations:
Buy above 1.7080.
Stop Loss: 1.7034.
Target levels: 1.7111; 1.7150.
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