GBPCAD reacted to a support level of @1.72400 after making a bullish correction. GBPCAD has been gaining more momentum to the upside giving the buyers in this market more opportunity to go long.
Anticipating price to reach its previous resistance of @1.76700 possibly break above the structure and heads up to our next resistance level @1.78000
Anifowose Ope is a professional trader and founder of Forex Optimal, I have been trading the forex market for many years and whatever the challenges new traders are facing I have been there.
I started my trading journey back in 2014 where I begin trading using various indicators that leads to losses in the market. After searching for alternatives, I found price action trading to be the best approach to the forex market My success in the financial market has given me a greater degree of independence than others.
With the knowledge I have acquired in the forex market I want to assist other traders to be able to profit from the market