The next strong currency ready to climb is GBP/CAD
Strong UK data recently boosted confidence in the pound.
Oil prices are falling, weakening the CAD.
The BoE hints at delayed rate cuts, supporting GBP.
Technical breakout above resistance signals bullish momentum.
Market sentiment favors GBP over commodity-linked currencies.
We are also seeing strong technical signs including:
Cup and Handle
Price>20 and 200MA
Target 1.9382
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Strong UK data recently boosted confidence in the pound.
Oil prices are falling, weakening the CAD.
The BoE hints at delayed rate cuts, supporting GBP.
Technical breakout above resistance signals bullish momentum.
Market sentiment favors GBP over commodity-linked currencies.
We are also seeing strong technical signs including:
Cup and Handle
Price>20 and 200MA
Target 1.9382
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
🌐NEW Website 2025:
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.