GBP/CAD Chart Analysis 8-27-2014

The GBP/CAD trend chart indicates that this pair is trending down on the larger time frames, like the W1 time frame shown below. This pair has hundreds of pips of potential and we would start looking for sell signals going forward. The current support level is just below 1.8000. You can set a price alert here, and when the alert goes off verify your sell entry with The Forex Heatmap®. The British Pound (GBP) pairs are currently trending on many of the pairs we follow. The chart analysis you see below is performed with multiple time frame analysis by individual currency.

GBP/CAD Chart Analysis 8-27-2014

GBP/CAD Chart Analysis 8-27-2014

Comments are closed.