GBP/CAD BEARS ARE GAINING STRENGTH|SHORT

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Hello,Friends!

GBP/CAD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.721 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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We are seeing a good move already so we will keep the trade running!
Bearish PatternsChart PatternsforecastForexGBPCADSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis

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