After testing the resistance line numerous times, GBP/CAD is once again approaching this line. Can we expect a bullish trend to follow?

Will GBP/CAD have enough momentum to break resistance?
GBP/CAD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If GBP/CAD continues in its current trajectory, we could see it reach 1.7215 within the next 2 days.

Want to get full Autochartist Access including the Autochartist Market Scanner for MetaTrader, Market Report Emails,
Autochartist Mobile App, and the full Autochartist Web App?

Subscribe here: ChartViper Subscriptions
Join us on Telegram