Thursday, February 16, 2023




The GBPCAD pair is in a short-term downtrend, making lower highs and lower lows. However, a descending trend line has been broken, indicating a potential reversal to the upside. Additionally, price action has formed a triple bottom pattern, which is a bullish sign. Therefore, we may consider taking a long position in the GBPCAD pair.

GBPCAD long trade

  • Uploaded by: Forex Trading Site
  • Views:
  • Category:
    • Share

    0 comments:

    Post a Comment

    Subscribe to: Post Comments (Atom)

     

    Our Team Members

    Copyright © Forex Trading Tutorial | Designed by Templateism.com | padugai.com
    Introducer of

    FxPro

    WARNING: .

    Legal: FxPro Financial Services Ltd is authorised and regulated by the CySEC (licence no. 078/07)

    Risk Warning: CFDs, which are leveraged products, incur a high level of risk and can result in the loss of all your invested capital. Therefore, CFDs may not be suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.
    IMPORTANT NOTE: this site belongs to an FxPro affiliate and not to FxPro. Therefore, the content of the site including but not limited to material, information, opinion(s), advertisement(s), suggestion(s) and product(s) on offer is not endorsed by FxPro. Consequently, FxPro does not assume any liability for any representation made through this site and is not responsible for any loss incurred as a result of such representation.