GBP/CAD: Pullback on 61.8% Fibo / trendline and 200 SMA. SHORT
Updated
As Predicted yesterday, the GBP/CAD find itself inside a Bearish main trend, and just in the last session price rebounded on the Dynamic resistance drawn from us, on the 200 Moving average with the confluence of 61.8% Fibo can give us the bias for an Hipotetic ABCD pattern target. Divergence on stochastic with overbought plus the Bearish Ichimoku forecast are clues for another downside push to confirm the pullback that the price has.
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