years on the market

GBPCAD analysis 17.08.2020

GBPCAD

The overall trend is upward. The 1.7230 support level is holding back sellers. Awesome Oscillator indicates bullish divergence, while Stochastic Oscillator indicates an exit from the oversold zone. A breakout of 1.7395 will result in the formation of an ascending wave pattern within the overall uptrend.

GBPCAD rate online: monitor the price movement in real time.

Trading recommendations: 

Buy above 1.7395.

Stop Loss under the support level 1.7230.

Target levels: 1.7520; 1.7665.

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