Don’t miss the great buy opportunity in GBPCAD for FX:GBPCAD by ForecastCity — TradingView

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6591). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:

. GBPCAD is in a range bound and the beginning of uptrend is expected.

.The price is above the 21-Day WEMA which acts as a dynamic support.

. The RSI is at 78.

Take Profits:

TP1= @ 1.6817

TP2= @ 1.6970

TP3= @ 1.7312

SL= Break below S2

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