GBPCAD | British Pound (GBP) to Canadian Dollar (CAD) Rate in the Forex market

GBP / USD is climbing above the 1.36 level and is approaching the zone of resistance 8/8 Murray at 1.3671. At this time of writing, it is trading at 1.3642...

According to the daily chart, USD / CAD is located above the 200 EMA with an accumulation of candles which shows that it is struggling to maintain its uptrend...

The Resolution Foundation, an independent think-tank whose views are relevant in economic analysis, reported that British households are entering a year of lack. Rising energy bills and accelerating inflation...

The Bank of England unexpectedly raised interest rates for economists, traders, and banks. This is the first increase since the pandemic. The Bank of England has become the central bank...

At the end of this year, most investors are reviewing their portfolios due to rising inflation. The 60/40 scheme can fail its adherents, so now the eyes of the entire...

Consumer confidence in the US increased in October. This came as a surprise to economists, who set the bar at 108.3 points. We were also pleased with the news from...

The British pound is again approaching its multi-year low. Strategists are comparing the pound sterling with currencies of emerging markets. Now, the UK is suffering a petrol crisis, a shortage...

GBPCAD is holding above ascending trendline support. With technical indicators showing room for further bullish upside, a further push up above our 1st support at 1.73312 towards 1st resistance...

GBPCAD is appraoching 1st support which is our horizontal overlap support in line with 50% Fibonacci retracement and 61.8% Fibonacci extension . Prices might push up towards horizontal swing high...

Today we take a look at GBPCAD. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups. Price...