GBPCAD: One More Bullish Confirmation 🇬🇧🇨🇦

Long

Livre sterling / Dollar canadien (OANDA:GBPCAD)

OANDA:GBPCAD Livre sterling / Dollar canadien

wedgepattern supportandresistance candlestick gbpcad pound canadiandollar cad gbp priceaction priceactionanalysis priceactiontrading containsimage

GBPCAD formed a falling wedge pattern after a breakout of a key horizontal resistance.
The price bounced sharply after a retest of a broken structure,
violating a resistance of the wedge.

Probabilities are high that the pair will keep growing now.
Goal - 1.6985

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