Technician

GBPCAD: Short term Bullish above 1.9000 #forex

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FX:GBPCAD   英镑/加元
23
Short term Upside favored, but 1.9000 remains the key support

The pair has been trending higher recently. The short term trend is up, while price hits recent support area , meantime stochastic signals oversold.. We could see a push higher towards the recent high at 1.9173.

Alternatively, if we hold below the recent support at 1.9000 , we might retest next support at 1.8830.

Good luck
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