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Trader Journals:::2026-06-02T17:20:26

GBP/CAD

GBP/CAD

GBP/CAD : M15 Chart . The instrument is trading above the daily pivot point FPV: 1.85973. If the price continues to move upwards, the next resistance levels could be: R3: 1.86802, MN1 Res C: 1.87104, R4: 1.87314. If the price starts to decrease, the target could be the daily pivot point. The next support levels below the daily pivot point for a further decline could be: MA336 - 1.85884, yLow: 1.85469, S3: 1.85144, S4: 1.84632. The price may bounce upwards from the level of S3: 1.85144, at least towards the daily pivot point. If the price continues to drop below these levels, the next target for a decline could be the support level S5: 1.83803.
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