GBPCAD H1 | Bearish Reaction Off Key Resistance
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- ▪Please be reminded that you are solely responsible for the trading decisions on your account.
- ▪Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy.
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British Pound / Canadian DollarShort10 minutes agoGBPCAD H1 | Bearish Reaction Off Key Resistance0Grab this chartGrab this chart2Momentum: BearishPrice is currently below the ichimoku cloud.Sell entry: 1.88039- Pullback resistance- 71% Fib retracement- Fair value gapStop Loss: 1.88377- Swing high resistanceTake Profit: 1.87522- Overlap supportHigh Risk Investment WarningStratos Markets Limited (fxcm.com/uk), Stratos Europe Ltd (fxcm.com/eu):CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider.
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