GBPCAD – At a Key Level
Support and Resistance levels can be used as a key element to any trading strategy. They give us a precise area to look for trading opportunities around and visually they are easy to locate.
In Graeme Kennerley’s most recent article he takes a look into the Forex pair GBPCAD as its sitting right on top of a very key level right now. As illustrated in the image above, the 1.85000 level has been very key in the past and what we can see in the charts now is a weekly pullback towards this level and price is now finding some support there. This could well present us with various trading opportunities in the coming days and weeks.
Continue reading Graeme’s article to find out how he plans on trading this pair..
Regards,
The TWP Team
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