GBP/CAD NEXT MOMENT FOR MONTH 1 AND WEEKLY TIME FRAME

                                                    

Narrative. Forex trading is a high-risk business and if you cannot afford to lose capital, do not trade with real capital. This content is for educational props only. Currency Paris GBP/CAD Description Technical for monthly time frame. See the picture below

When we look at the monthly time frame. The market touched on support ARIA and was rejected over time. We also see a rejected candlestick with strength. Technical for the weekly time frame. See the picture below More about this source text

We see the market touch the support level for the weekly time frame and close above the support level. This market behavior indicates to us the weakness of the seller. Technical for daily time frame. We also see a strong bullish pressure with a strong bullish candlestick and the last two days. More about this source text

TECHNICAL FOR H4 TIME FRAME

Know that we have found our entry point. We buy GBP/CAD. And set for stop loss and take profit target. Our entry point is 1.60776. Our stop loss is - 619.87 USD (-806) PIPS. Take profit + 1217.37(1583) PIPS. Noted: Top. Stop loss and take profit is based on 1 standard lot. Trade according to your account balance.