GBP/CAD: Pullback on 61.8% Fibo Plus Dynamic resistance SHORT !

Short

Sterlina / Dollaro canadese (FX:GBPCAD)

FX:GBPCAD Sterlina / Dollaro canadese

Trend Analysis Technical Indicators Harmonic Patterns GBPCAD GBP

trendanalysis indicator harmonicpatterns gbpcad gbp

As described in our previous Idea

GBP/CAD: Pullback on 61.8% Fibo / trendline and 200 SMA. SHORT

the GBP/CAD in the last session price rebounded on the Dynamic resistance drawn from us and also to the 100 Moving average with the confluence of 61.8% Fibo. The Divergence in the stochastic plus the RSI turned bearish are clues to looking for another downside push to confirm the previous pullback.

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