GBP/CAD Analisi Tecnica | GBP/CAD Trading: 2020-08-31 | IFCM Italy
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GBP/CAD Analisi Tecnica - GBP/CAD Trading: 2020-08-31

GBP/CAD Technical Analysis Summary

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Forte Di VendereSellNeutroBuyForte Acquistare

Sopra 1,75

Buy Stop

Sotto 1,717

Stop Loss

Mary Wild
Mary Wild
Senior Analytical Expert
Articoli2058
IndicatorSignal
RSI Neutro
MACD Sell
MA(200) Buy
Fractals Buy
Parabolic SAR Buy
Bollinger Bands Neutro

GBP/CAD Chart Analysis

GBP/CAD Chart Analysis

GBP/CAD Analisi Tecnica

On the daily timeframe, GBPCAD: D1 approached the uptrend support line. It could not break it down and continues to grow. A number of technical analysis indicators generated signals for further growth. We do not rule out a bullish move if GBPCAD rises above its latest high: 1.75. This level can be used as an entry point. We can place a stop loss below the Parabolic signal, the last lower fractal, the lower Bollinger line and the 200-day moving average line: 1.717. After opening a pending order, we should move the stop loss following the Bollinger and Parabolic signals to the next fractal low. Thus, we change the potential profit/loss ratio in our favor. After the transaction, the most risk-averse traders can switch to the four-hour chart and set a stop-loss, moving it in the direction of the bias. If the price meets the stop loss (1.717) without activating the order (1.75), it is recommended to delete the order: some internal changes in the market have not been taken into account.

Analisi Fondamentale Forex - GBP/CAD

In this review, we propose to consider the British pound vs. the Canadian dollar. Is the growth of GBPCAD quotes possible? Such dynamics is observed with the weakening of the Canadian dollar and the strengthening of the British pound.

British GDP fell 21.7% at an annual rate in the second quarter. Canadian GDP contracted significantly more - by 38.7%. Overall, Britain’s economy fell less and is recovering more actively than Canada’s. In June, UK GDP grew by 8.7%, and Canadian - by 6.5%. Note that the possible success of the Brexit negotiations is a positive factor for the pound, while for the Canadian dollar, there is a risk factor in the possible correction of world oil prices that have been traded in a narrow range over a month

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Questa panormaica è di carattere informativo-educativo e viene pubblicata gratuitamente. Tutti i dati compresi nella panoramica sono ottenuti da fonti pubbliche conosciute più o meno affidabili. Inoltre non c'è alcuna garanzia che le informazioni fornite siano precise e complete. Le panoramiche non vengono aggiornate. Tutta l'informazione in ciascuna panoramica, compresi indicatori, opinioni, grafici e o quant'altro, è fornita a scopo conoscitivo e non è un consiglio finanziario. Tutto il testo e qualsiasi delle sue parti, e anche i grafici non possono essere considerati un'offerta per effettuare un'operazione con un qualsiasi asset. IFC Markets e i suoi impiegati in alcun caso non sono responsabili per qualsiasi azione intrapresa sulla base delle informazioni contenute.

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