Short GBPCAD key RSI and Fibo confluence
Price has hit 423.6 fibo resistant level and also RSI is coming down from a high overbought position in line with Stoch. I believe that it will push down to the horizontal resist now turn support at the 1.75294 level. Further confirmation in 4H chart shows it to be on a downward pressure.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.