This chart pattern continues the prevailing long-term downtrend that can be seen on the daily, weekly and the monthly GBP/CAD charts. The top of this chart pattern (point A on the chart below) formed ...

GBP/CAD may be beginning a bearish phase after touching the top of its channel and reversing lower. It is showing bearish divergence with momentum.

The 4H GBP/CAD chart shows a market pausing a rally from 1.5413 to 1.6388. Here are some observations of this “pause”. 1) A double top was formed, with the second top only slightly higher. 2) This ...

GBP/CAD is expected to rise to the forecast price 1.7926 – in line with the earlier strong weekly upward price thrust which followed the breakout of the extended sideways price range from the middle ...