Tuesday, June 8, 2021

GBPCAD- Consolidation Breakout Scenario

 GBPCAD Breakout Scenario  

Canadian dollar has been on the bullish momentum since the month of March 2021 but this month of June the momentum has been diminishing. This can be evidently seen by the Canadian dollar pairs AUDCAD, CADJPY, USDCAD among others.

With the daily consolidation witnessed on the Pound Canadian pair GBPCAD, there is a likely breakout that is expected to trigger a BULLISH or BEARISH momentum

This is a pair that all traders should keep an eye on and maximize profits during this trading period. 

GBPCAD Analysis

GBPCAD
GBPCAD Daily Time Frame

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