GBPCAD: Neutral but pay attention to the breakout.

GBPCAD is on a neutral 1D technical outlook (RSI = 54.553, MACD = -0.005, ADX = 25.095) as the price has been ranged between the 1D MA200 and the S1 level (1.65600) for the majority of October. If it closes a candle over the 1D MA200, we will buy and target the R1 level (TP = 1.73300), since the 1D MACD is already on a massive Bullish Cross. Until that candle close though, due to the neutral technicals, we are selling to the S1 level (TP = 1.65600). Low risk on both ends.

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