Hello Traders, we had a trade on GBPCAD on H1 time-frame that today 13 September 23 the market already moved +3100 Points! In this trade we looked first at the Italo Pivots red resistance line, the market touches and rejects it, in this rejection I got grey candles from Italo Trend, grey candles from Italo
Share: GBP/CAD trades at 1.6924, pressured by rising oil prices and a UK unemployment rate increase to 4.3%. Bank of England hints at a rate cap at 5.50%, while the Bank of Canada eyes further tightening amid strong job growth. Upcoming monetary policy decisions could dictate the pair’s direction, but higher oil prices
CANADIAN DOLLAR PRICE, CHARTS AND ANALYSIS: The Loonie Looks on Course for Further Losses as the Oil Correlation Seems to be Changing. Light Data Week on the Calendar with US CPI likely to Dominate. Market Participants see 72% chance of no rate at the upcoming BoC Meeting. Do not forget to Download Your Free Top