The closest is the 20 day average, which is 273 pips away.
Price action traders may also wish to note that we see a doji candlestick pattern on gbpcad.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
Given that we see downtrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time.
Or to simplify this another way, note that out of the past 14 days gbpcad’s price has gone up 7 them.
Interestingly, a trend in the other direction exists on the 90 day timeframe, where price is headed up.
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up.
The closest is the 50 day average, which is 22.6 pips away.
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.