{"id":162390,"date":"2019-12-24T09:00:37","date_gmt":"2019-12-24T14:00:37","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=162390"},"modified":"2019-12-24T07:41:22","modified_gmt":"2019-12-24T12:41:22","slug":"gbpcad-analysis-slowing-canadian-economy-bullish-for-gbpcad","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/12\/gbpcad-analysis-slowing-canadian-economy-bullish-for-gbpcad\/","title":{"rendered":"GBPCAD Analysis: Slowing Canadian economy bullish for GBPCAD"},"content":{"rendered":"
December 24, 2019<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/strong><\/p>\n

Slowing Canadian economy bullish for GBPCAD<\/strong><\/p>\n

Canada\u2019s economy shrank by 0.1% over month in October, the first monthly decline since February. Will the GBPCAD<\/a> continue rising?<\/p>\n

\"GBPCAD<\/p>\n

The price chart on 1-hour timeframe shows GBPCAD: H1 <\/b> is in uptrend. The price is rising toward the 200-period moving average MA(200) which is falling. The RSI oscillator is below 50 level but has not reached the oversold zone.<\/p>\n

Technical Analysis Summary<\/h2>\n\n\n\n\n\n
Order<\/b><\/td>\nBuy<\/td>\n<\/tr>\n
Buy stop<\/b><\/td>\nAbove 1.7055<\/td>\n<\/tr>\n
Stop loss<\/b><\/td>\nBelow 1.6998<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Market Analysis provided by IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets Slowing Canadian economy bullish for GBPCAD Canada\u2019s economy shrank by 0.1% over month in October, the first monthly decline since February. Will the GBPCAD continue rising? The price chart on 1-hour timeframe shows GBPCAD: H1 is in uptrend. The price is rising toward the 200-period moving average MA(200) which is falling. The RSI […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-162390","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=162390"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162390\/revisions"}],"predecessor-version":[{"id":162398,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162390\/revisions\/162398"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=162390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=162390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=162390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}