Hello traders. So here is our analysis on GBPCAD . Its a very simple analysis. We have used line. The pair is moving inside its CHANNEL for a long time now but has respected its line every time. Now as we can see that the pair has hit its resistance line it has started to fall down.
Views welcome. Thanks.
Ryan.R.Lopes, trader and analyst. Holds strength in Support and resistance, trade-line and breakouts. Having experience in FOREX, COMMODITIES and STOCK MARKET for more than 5 years and now Backed by a powerful team that has more than 10 years of experience.