Technical Analysis – GBPCAD sustains positive sentiment despite pull back

GBPCAD has been heading back north, after failing to close below the 1.7633 barrier, that being the 38.2% Fibonacci retracement of the up leg from 1.6969 to 1.8045. The improvement in the pair is following the mid-Bollinger band and is attempting to surpass the 23.6% Fibo of 1.7790, backed by the upward sloping simple moving […]