GBPCAD: Time to Grow Higher
The GBPCAD has been experiencing a strong uptrend on the 4-hour time frame. Over the past three weeks, the pair has been trading within a horizontal range on a daily basis.
However, in the last week, there was a bullish movement that broke through the resistance of the range today.
This demonstrates the strength of the buyers and suggests a likely continuation of the bullish trend. The next target for the pair is 1.7950.
However, in the last week, there was a bullish movement that broke through the resistance of the range today.
This demonstrates the strength of the buyers and suggests a likely continuation of the bullish trend. The next target for the pair is 1.7950.
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