Technical Analysis – GBPCAD’s signals remain bullish above the 200-day SMA
GBPCAD buyers are attempting to push above 1.7060, which is the 61.8% Fibonacci retracement of the down leg from 1.7793 to 1.5874, to retest the fresh high of 1.7092. The nearly three-month ascent seems to have backing from the bullish cross of the 50-day simple moving average (SMA) and the strengthening positive momentum in the […]