đź’ˇ Don't miss the great sell opportunity in GBPCAD

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.738). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPCAD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 34.

Take Profits:
TP1= @ 1.7290
TP2= @ 1.7235
TP3= @ 1.7185
TP4= @ 1.7120
TP5= @ 1.7048

SL: Break Above R2

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CADcanadadollarChart PatternsGBPGBPCADTechnical IndicatorspoundTrend Analysis

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