| 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 sideways since May 11. The Pound Sterling surged by 0.73% against the Canadian Dollar during last week's trading sessions.
All things being equal, the exchange rate could continue to trade sideways during this week's trading sessions. The 200– period simple moving average at 1.7153 could provide resistance for the pair.
However, technical indicators suggest that the currency exchange rate could continue to edge higher during the following trading sessions.