Thursday, October 15, 2026

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GBP/CAD breaks minor resistance 2.016, targets 2.023/2.030

GBP/CAD has broken minor resistance 2.0160 and this confirms short term bullishness, a jump till 2.020/2.028 is possible On the downside minor intraday support is around 2.0130 and break below will drag the pair till 2.0…

By Lis Howell
1 min read
GBP/CAD breaks minor resistance 2.016, targets 2.023/2.030
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GBP/CAD has broken minor resistance 2.0160 and this confirms short term bullishness, a jump till 2.020/2.028 is possible

  • On the downside minor intraday support is around 2.0130 and break below will drag the pair till 2.008/2.005 in short term.
     
  • Short term bullish invalidation only below 2.005.

It is good to buy at dips around 2.0160 with SL around 2.0125 for the TP of 2.023/2.030

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