Technician

GBPCAD: Short term Bullish above 1.9000 #forex

Long
FX:GBPCAD   Livre sterling / Dollar canadien
23
Short term Upside favored, but 1.9000 remains the key support

The pair has been trending higher recently. The short term trend is up, while price hits recent support area , meantime stochastic signals oversold.. We could see a push higher towards the recent high at 1.9173.

Alternatively, if we hold below the recent support at 1.9000 , we might retest next support at 1.8830.

Good luck
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Technician
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