GBP/CAD

GBP/CAD

5 June 2015, 12:39
Lalit Matta
1
74
GBP/CAD is an downtrend, based on Double top on 4hr chart 1.9220, below strong resistance of R1 (1.9185) and below 4 MA, another support of last low 1.9149 , if breaks last low could be touch  another support of 18MA (1.9113). it would be bounce from 18MA to touch R1 (1.9220) or break make new low of the day.