GBPCAD may rally.

23 de jul. de 2020

We see a clear trend down, as can be represented by the purple trendline. After a clear break of this aforementioned price started to show a strong push upward, I feel strong that this rally shouldn't surpassed the previously established highs of 1.78 or 1.80 but the end net retracement of this move will remain unknown until the move has passed. Follow next post for further dissection of the move.