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InvestingScope

Both targets hit. Channel Down continuation. Short.

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Libra Esterlina/Dólar Canadense (FX:GBPCAD)  
InvestingScope  
FX:GBPCAD   Libra Esterlina/Dólar Canadense
Trend Analysis Chart Patterns Technical Indicators GBPCAD GBP CAD britishpound canadiandollar Forex Currencies currency
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trendanalysis chartpattern indicator gbpcad gbp cad britishpound canadiandollar forex currencies currency
TP = 1.70557 and 1.67542 hit as despite a widening of the bands, GBPCAD continued declining within a wider 1W Channel Down (RSI = 38.271, MACD = -0.013, Highs/Lows = -0.0194, B/BP = -0.0751). The Lower Low appears to have been priced so an attempt for a new Lower High is expected near 1.70557. Our short target is now 1.64002.
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