{"id":28900,"date":"2022-05-25T14:36:00","date_gmt":"2022-05-25T13:36:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=28900"},"modified":"2022-05-27T19:32:49","modified_gmt":"2022-05-27T18:32:49","slug":"gbpcad-technical-analysis-upside-gains-remain-challenged-by-the-1-6105-level","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/gbpcad-technical-analysis-upside-gains-remain-challenged-by-the-1-6105-level\/","title":{"rendered":"GBPCAD Technical Analysis-Upside gains remain challenged by the 1.6105 level"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"28900\" class=\"elementor elementor-28900\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9c360a6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9c360a6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-092a2b1\" data-id=\"092a2b1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b218244 elementor-widget elementor-widget-text-editor\" data-id=\"b218244\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3nOwU6n\" target=\"_blank\" rel=\"noopener\">GBPCAD<\/a> extended gains by +0.11% early European session after pairing Tuesday losses. The GBPCAD upside gains are underpinned by Tuesday\u2019s downbeat UK PMI data which reignited fears of an economic recession amid BoE echoing further rate hikes. BoE member Pill pointed out a cautionary stance against over-tightening on diminishing economic growth.<\/p><p>The Canadian Dollar remains resilient as energy prices are trading at critical levels. There will be a release of the Canadian\u00a0 Core retail sales MoM for March later on Thursday. They will be critical in shaping the BoC interest rate meeting on June 1, where investors are pricing in a 75bps hike to 1.75%.<\/p><p>Traders shift their focus to the BoE MPC member Tenreyro\u2019s speech later in the New York session.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f3fe517 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f3fe517\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-95cd25d\" data-id=\"95cd25d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cacf755 elementor-widget elementor-widget-image\" data-id=\"cacf755\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3nOwU6n\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"409\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/05\/GBPCAD-1W.jpg\" class=\"attachment-large size-large wp-image-28904\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-143e8b6e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"143e8b6e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-62564b0d\" data-id=\"62564b0d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2392df26 elementor-widget elementor-widget-text-editor\" data-id=\"2392df26\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3nOwU6n\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9f2c425 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9f2c425\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9afe91c\" data-id=\"9afe91c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-41fea88 elementor-widget elementor-widget-text-editor\" data-id=\"41fea88\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The GBPCAD extended gains for the second week as bulls defended the 1.58000 level, coinciding with 9-year support. The pair is due for a correction as the RSI indicator reading slowly moves outside the oversold zone. However, Upside gains are capped by an immediate resistance at 1.6105 coinciding with William\u2019s alligator dynamic resistance.<\/p><p>The outlook for the pair is currently bearish, although a break above the 1.6105 may soon see bulls attempting an extended move towards the 1.65500 area, a 50% retracement of the previous drop. Bears may need to defend the 1.65500 area to experience further downside towards the 1.5800 support.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-aeaff42 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aeaff42\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-114ffc6\" data-id=\"114ffc6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-005a657 elementor-widget elementor-widget-image\" data-id=\"005a657\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3nOwU6n\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"280\" height=\"105\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/05\/GBPCAD-CHART.jpg\" class=\"attachment-large size-large wp-image-28905\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e5f300f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e5f300f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6928501\" data-id=\"6928501\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5e126da elementor-widget elementor-widget-text-editor\" data-id=\"5e126da\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The ActivTrader Sentiment tool shows that 90% of retail traders are currently bullish on the GBPCAD. This reading is extremely bullish as they attempt to defend the 1.5800 near-term support.<\/p><p>A drop in energy prices may underpin Canadian currency strength in the near term giving a rally in GBPCAD. However, the possibility of lifting restrictions on lockdowns in Beijing may soon see commodity demand resuming in the near term.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-062df26 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"062df26\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a13ccd4\" data-id=\"a13ccd4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8ded5c5 elementor-widget elementor-widget-image\" data-id=\"8ded5c5\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3nOwU6n\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"409\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/05\/GBPCAD-4H.jpg\" class=\"attachment-large size-large wp-image-28906\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-489e8d9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"489e8d9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b3355e\" data-id=\"5b3355e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-29eff56a elementor-widget elementor-widget-text-editor\" data-id=\"29eff56a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3nOwU6n\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-51c75fa elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"51c75fa\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-335aa00\" data-id=\"335aa00\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-454296d elementor-widget elementor-widget-text-editor\" data-id=\"454296d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The GBPCAD has experienced modest gains as bulls attempt to challenge the 1.6105 near-term high. The pair left a double bottom at 1.5800 support and can trade higher towards the 1.63000 psychological figure.<\/p><p>However, the 1.6105 will remain an immediate pivot for the trend as it coincides with a 200-day moving average. A failure to break above that area may see bears reclaiming the bearish outlook towards the 1.6000 big figure and 1.5800 level.<\/p><p>The MACD indicator shows volume bars are still neutral slightly below zero, although the moving averages have crossed into a bullish region. Traders should pay close attention to the Price action around the 1.6105 area for solid direction in the near term.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>GBPCAD extended gains by +0.11% early European session after pairing Tuesday losses. The GBPCAD upside gains are underpinned by Tuesday\u2019s downbeat UK PMI data which reignited fears of an economic recession amid BoE echoing further rate hikes. BoE member Pill pointed out a cautionary stance against over-tightening on diminishing economic growth. The Canadian Dollar remains [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":5284,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[206,136,268],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GBPCAD Technical Analysis-Upside gains remain challenged by the 1.6105 level - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/gbpcad-technical-analysis-upside-gains-remain-challenged-by-the-1-6105-level\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GBPCAD Technical Analysis-Upside gains remain challenged by the 1.6105 level GBPCAD Technical Analysis-Upside gains remain challenged by the 1.6105 level\" \/>\n<meta property=\"og:description\" content=\"GBPCAD extended gains by +0.11% early European session after pairing Tuesday losses. The GBPCAD upside gains are underpinned by Tuesday\u2019s downbeat UK PMI data which reignited fears of an economic recession amid BoE echoing further rate hikes. BoE member Pill pointed out a cautionary stance against over-tightening on diminishing economic growth.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/gbpcad-technical-analysis-upside-gains-remain-challenged-by-the-1-6105-level\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-25T13:36:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-27T18:32:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/03\/GettyImages-1135633439.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"703\" \/>\n\t<meta property=\"og:image:height\" content=\"246\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nathan Batchelor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"GBPCAD Technical Analysis-Upside gains remain challenged by the 1.6105 level GBPCAD Technical Analysis-Upside gains remain challenged by the 1.6105 level\" \/>\n<meta name=\"twitter:description\" content=\"GBPCAD extended gains by +0.11% early European session after pairing Tuesday losses. The GBPCAD upside gains are underpinned by Tuesday\u2019s downbeat UK PMI data which reignited fears of an economic recession amid BoE echoing further rate hikes. BoE member Pill pointed out a cautionary stance against over-tightening on diminishing economic growth.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nathan Batchelor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/gbpcad-technical-analysis-upside-gains-remain-challenged-by-the-1-6105-level\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/gbpcad-technical-analysis-upside-gains-remain-challenged-by-the-1-6105-level\/\"},\"author\":{\"name\":\"Nathan Batchelor\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\"},\"headline\":\"GBPCAD Technical Analysis-Upside gains remain challenged by the 1.6105 level\",\"datePublished\":\"2022-05-25T13:36:00+00:00\",\"dateModified\":\"2022-05-27T18:32:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/gbpcad-technical-analysis-upside-gains-remain-challenged-by-the-1-6105-level\/\"},\"wordCount\":417,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"BoC\",\"GBPCAD\",\"UK PMI\"],\"articleSection\":[\"Forex\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/gbpcad-technical-analysis-upside-gains-remain-challenged-by-the-1-6105-level\/\",\"url\":\"https:\/\/youtrading.com\/en\/gbpcad-technical-analysis-upside-gains-remain-challenged-by-the-1-6105-level\/\",\"name\":\"GBPCAD Technical Analysis-Upside gains remain challenged by the 1.6105 level - Youtrading UK\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/#website\"},\"datePublished\":\"2022-05-25T13:36:00+00:00\",\"dateModified\":\"2022-05-27T18:32:49+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/youtrading.com\/en\/gbpcad-technical-analysis-upside-gains-remain-challenged-by-the-1-6105-level\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/youtrading.com\/en\/gbpcad-technical-analysis-upside-gains-remain-challenged-by-the-1-6105-level\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/youtrading.com\/en\/gbpcad-technical-analysis-upside-gains-remain-challenged-by-the-1-6105-level\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/youtrading.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GBPCAD Technical Analysis-Upside gains remain challenged by the 1.6105 level\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/youtrading.com\/en\/#website\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"name\":\"Youtrading UK\",\"description\":\"Leaders in Trader Training\",\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/youtrading.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/youtrading.com\/en\/#organization\",\"name\":\"YouTrading\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"contentUrl\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"width\":2531,\"height\":570,\"caption\":\"YouTrading\"},\"image\":{\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/YouTradingEnglish\/\",\"https:\/\/www.instagram.com\/youtrading_english\/\",\"https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\",\"name\":\"Nathan Batchelor\",\"description\":\"Nathan Bathelor brings a professional trading background and highly renowned technical analysis with 15 years of experience. 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