Hello traders, new analysis on GBPCAD . The resistance 1 and 2 can be seen in the chart given in our comment section. As you can see that the pair has given a cup and handle pattern and after the handle formation also gave a breakout. After hitting the support the pair started going upwards. The pair will go till the resistance. If that is broken then it will go till the next resistance.

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Ryan.R.Lopes

Ryan Lopes

Ryan Lopes

Ryan.R.Lopes, trader and analyst. Holds strength in Support and resistance, trade-line and breakouts. Having experience in FOREX, COMMODITIES and STOCK MARKET for more than 5 years and now Backed by a powerful team that has more than 10 years of experience.