GBPCAD

August 8, 2022 9:52 GMT

GBPCAD Hourly View

Over the past 91 days, GBPCAD’s price has been in a clear downtrend, falling by about $0.00 per day.

Over the past 133 days, GBPCAD’s price has been in a clear downtrend, falling by about $0.00 per day.

Over the past 32 weeks, GBPCAD’s price has gone down $0.15.

GBPCAD has a price of $1.5587, up 0.13% from its value 10 days prior.

+ 500 – Internal server error
+ 500 – Internal server error

The clearest trend exists on the 90 day timeframe, which shows price moving down over that time.

Given that we see downtrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down.

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down.

Volatility for gbpcad has been contracting over the past two weeks relative to volatility over the past month.

This is a reversal of the price action on the previous hour, in which price moved down.

Relative to other instruments in the forex asset class, gbpcad ranked 14th yesterday in terms of percentage price change.

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down.