Technical Analysis – GBPCAD holding bullish above the ascending trendline

GBPCAD’s positive momentum appears to be picking up ahead of the uptrend line drawn from the September 3 low. The move up seems to be assisted by the fresh bullish crossover of the 50-day simple moving average (SMA) by the 20-day one, as well as the technical indicators. The short-term oscillators reflect an improving picture […]