GBPCAD: Bullish Forecast!
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GBPCAD has violated a falling trendline on 4H.
on 1H the price has formed a double bottom formation and broke above a minor resistance confirming the breakout of the trendline.
based on that I expect a further bullish continuation on GBPCAD.
initial target is 1.707.
next goal can be extended to 1.171
Note
if you will trade on retest,consider this quite wide support based on a minor broken resistance
and minor falling trendline
Trade fermée: cible de profit atteinte
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