GBP/CAD breaks major trendline resistance at 2.016, targets 2.03
GBP/CAD has broken major trend line resistance around 2.160 (trend line joining 2.0950 and 2.0550) and this confirms short term bullishness , a jump till 2.035 is possible .
On the downside minor support is around 2.150 and break below targets 2.100 /2.0043
The pair's major resistance is around 2.020 and break above targets 2.025/2.030/2.0345
It is good to buy at dips around 2.0175-80 with SL around 2.0100 for the TP of 2.030/2.034
On the downside minor support is around 2.150 and break below targets 2.100 /2.0043
The pair's major resistance is around 2.020 and break above targets 2.025/2.030/2.0345
It is good to buy at dips around 2.0175-80 with SL around 2.0100 for the TP of 2.030/2.034
