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  1. GBP/CAD - daily bearish breakdown

    by , 07-10-2016 at 06:16 PM
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    D1 price is on bearish breakdown with 1.6682 support level to be broken for the bearish trend to be continuing. Alternative, if the price breaks 1.7140 resistance level to above so the local uptrend as the bear market rally will be started.
  2. GBP/CAD Weekly Outlook - moved within the channel of the levels to be inside weekly ranging area

    by , 05-05-2016 at 11:57 AM
    Weekly price is on ranging market condition located within 100 SMA/200 SMS ranging area waiting for direction. The price is testing Fibo support level at 1.8101 to below for the reversal of the price movement from the ranging bullish to the primary bearish market condition.

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    Resistance Support
    ...
  3. GBP/CAD Next Week Outlook - ranging bullish with symmetric triangle pattern to be formed for direction

    by , 12-22-2015 at 10:56 PM
    D1 price is on primary bearish market condition with the secondary ranging: price is located above Ichimoku cloud and Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the daily chart.

    • The price is ranging within 2.0947 resistance level and 2.0469 support level.
    • Symmetric triangle pattern was formed by the price to be crossed for direction of the trend.
    • Tenkan-sen line is above Kijun-sen line of Ichimoku indicator for
    ...
  4. British Pound Gives Away 2014's Best Exchange Rate Levels as Bank of England Hawks Turn to Doves

    by , 06-24-2014 at 04:20 PM
    British Pound Gives Away 2014's Best Exchange Rate Levels as Bank of England Hawks Turn to Doves


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    Above: Bank of England Governor Carney presents the main event-risk for the GBP on Tuesday.

    The pound sterling (GBP) has withdrawn from recent highs and no longer offers currency market participants the best exchange rates of 2014.

    The reason the GBP has come under pressure on Tuesday lies with the Bank of ...
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