Important support line being approached by GBP/CAD. This price has been tested numerous time in the last 15 days

Possible breach of support level by GBP/CAD
GBP/CAD is moving towards a support 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 1.6315 within the next 3 days.

Want to get full Autochartist Access including the Autochartist Market Scanner, email reports,
Mobile App, and the full Autochartist Web App?

Subscribe here: ChartViper Subscriptions