GBPCAD 1Hour Signal Chart

Follow signal progress on the chart below.

British Pound vs Canadian Dollar 60 minute chart (click on chart to zoom)

GBPCAD Comment

Good afternoon , This is our view regarding the British Pound vs Canadian Dollar pair, following the early European session today Thursday September the 14th. By: Sherif Butt – www.LIONsignals.com


The British Pound vs Canadian Dollar pair, Has plummeted lower during the European session this morning. With the pair lossing nearly 16 pips, it continue’s to move down in a strong BEARISH trend as it did in the past days ( view Daily chart below ).
On the other hand, GBPCAD is holding well below the long term 200 days simple moving average (thats why we dont recommend any long trades on the GBPCAD for the coming days).
The 50 and the 20 days simple moving averages are also confirming continuation for the well established BEARISH trend.
CONCLUSION: As per above general BEARISH trend; Only [ihc-hid e-content ihc_mb_type=”show” ihc_mb_who=”1,2,3,4,5″ ihc_mb_template=”2″ hide_type=”6″ blur=”true”]Short trades to be considered following completion of any counter trend rising correction on the 60-minute chart.[/ihc-hide-content]

β–² Buy Signal Details

Time Th 2017.09.14 13:56
Pair GBPCAD
Buy@ β–² 1.6080
Stop @

None Re-check for Update!

1s TP @

None Re-check for Update!

2nd TP @

No 2nd TP!

British Pound vs Canadian Dollar Buy signal information table


GBPCAD Chart

GBPCAD Daily Live Chart


(Note: This conclusion is only valid as long as price is holding below the 200 periods simple moving average (red dotted line) on the 60-minute chart,
A Short signal is available now for review on the right
)

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