GBP/CAD 4H: Could Make Brief Pullback

BY admin admin

<p>The GBP/CAD exchange rate has declined by 3.43% since the beginning of May. The currency pair tested the lower boundary of a descending channel pattern at 1.7000 on May 19. All things being equal, the British Pound could edge higher against the Canadian Dollar within this week’s trading sessions. The potential target for bulls could […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/298079-gbp-cad-4h-could-make-brief-pullback/">GBP/CAD 4H: Could Make Brief Pullback</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

Nasdaq index moves back below 200 and 50 day MAs giving the sellers the upper hand

Tests 50% midpoint for the year The Nasdaq opened with declines that were relatively better than the S&amp;P and Dow, but has since reversed that trend and is leading the way to the downside.&

Forex

Ark Invest Has Big Ideas for Crypto

Last Tuesday, Ark Invest released its annual Big Ideas report. Ark is an investment management firm that was founded by Cathie Wood in 2014, and specializes in disruptive technologies including cry

Forex

Eurozone December retail sales -3.0% vs -0.5% m/m expected

Prior +1.0%Retail sales +2.0% vs +5.1% y/y expectedPrior +7.8%Euro area retail sales were much weaker than estimated in December as rising consumer inflation may be starting to take a toll on spending

Copyright © 2024 | WordPress Theme: Xews Lite