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British Pound / Canadian Dollar
Long

Longs on GBPCAD

By jeremyankamah161
A downward channel is very evident on this chart, constantly creating Lower highs and lower lows. At this point, we have been ranging in price @ 1.70250 and 1.71500. Looking for a breakout and a retest on the 1.71500 to the upside for possibly a 120 pip move on this pair.Worse case scenario, the breakout can happen towards the downside, in that case we can look for possible sells to 1.6800.

https://www.tradingview.com/x/u61ufNEI/
Chart PatternsTrend AnalysisWave Analysis
jeremyankamah161

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