Technicals

Add as a preferred source on Google

FxWirePro: GBP/CAD forms bearish BAT pattern, good to sell on rallies

GBP/CAD has formed bearish BAT harmonic pattern in 4 hour chart. Potential reversal zone is 2.0580. Any break above targets 2.0630. On the downside major support is around 2.048 and break below targets 2.035/2.023. It is…

1 min read
FxWirePro: GBP/CAD forms bearish BAT pattern, good to sell on rallies
Image from the original EconoTimes article

Read the original article

GBP/CAD has formed bearish BAT harmonic pattern in 4 hour chart. Potential reversal zone is 2.0580.

  • Any break above targets 2.0630.
  • On the downside major support is around 2.048 and break below targets 2.035/2.023.

It is good to sell on rallies around 2.05700 with SL around 2.0630 for the TP of 2.0230.

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560