| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
The GBP/CAD currency pair has been trading between the 1.7000/1.7186 levels since the middle of May. The exchange rate rose by 0.64% during last week's trading sessions.
Technical indicators suggest buying signals on the 4H time-frame chart. Most likely, the Pound Sterling could continue to edge higher against the Canadian Dollar during the following trading sessions.
On the other hand, the currency exchange rate might continue to trade within the 1.7000/1.7186 levels this week.