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gbpcad

GBPCAD  H4  | Key resistance level ahead
GBPCAD  H4  | Key resistance level ahead

TitleGBPCAD  H4  | Key resistance level aheadTypeBearish reversalPreferenceThe price is rising towards the pivot at 1.8527, an overlap resistance that aligns with the 61.8% Fibonacci retracement.  A...

GBPCAD H4 | Potential bearish continuation
GBPCAD H4 | Potential bearish continuation

TitleGBPCAD H4 | Potential bearish continuationTypeBearish reversalPreference The price is rising towards the pivot at 1.8493, which is an overlap resistance that aligns with the 50% Fibonacci...

GBPCAD H4 | Bearish drop off
GBPCAD H4 | Bearish drop off

TitleGBPCAD H4 | Bearish drop offTypeBearish reversalPreferenceThe price could rise towards the pivot at 1.8677, an overlap resistance.  A reversal at this level could lead the price toward the 1st...

GBPCAD H1 I Bullish bounce off pullback support
GBPCAD H1 I Bullish bounce off pullback support

TitleGBPCAD H1 I Bullish bounce off pullback supportTypeBullish bouncePreference:The price is falling towards the pivot at 1.8425, a pullback support that aligns with the 38.2% Fibonacci retracement....

GBPCAD H4 I Could Bearish Momentum Extend Further?
GBPCAD H4 I Could Bearish Momentum Extend Further?

TitleGBPCAD H4 I Could Bearish Momentum Extend Further?TypeBearish reversalPreference:The price is rising towards the pivot at 1.8512, which is an overlap resistance that is slightly above the 38.2%...

GBPCAD H4  I Potential Bullish Reversal
GBPCAD H4  I Potential Bullish Reversal

TitleGBPCAD H4  I Potential Bullish ReversalTypeBullish BouncePreference:The price is falling towards the pivot level of 1.7972, which is an overlap support that aligns close to a 23.6% Fibonacci...

Pound Pushing Higher on Better Growth
Pound Pushing Higher on Better Growth

GDP Jumps in AugustGBP is rallying today on the back of better growth data released this morning. GDP was seen rising 0.2% in August, up from 0% prior. The rise was linked to a positive month for...

Fresh UK CPI Fall Drives GBP Lower
Fresh UK CPI Fall Drives GBP Lower

Pound Under PressureThe British Pound has seen renewed selling interest today on the back of the latest inflation data released this morning. November headline CPI came in at 3.9% annualised, down...

GBP Sold Heavily As BOE Pauses Tightening
GBP Sold Heavily As BOE Pauses Tightening

BOE Catches Market Off-GuardGBP continues to trade sharply lower on Friday following the latest BOE rate decision. The bank opted to keep rates on hold yesterday, pausing a 15-month tightening cycle...