British Pound / Canadian Dollar
Short
Updated

GBPCAD: Breakout & Bearish Continuation 🇬🇧🇨🇦

823
snapshot

GBPCAD is trading in a long-term bearish trend.
The pair started to consolidate within a horizontal trading range in March.
On Friday, the price finally broke its support to the downside and closed below that.

I believe that it may trigger a bearish trend continuation.
Next goal for sellers - 1.555

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Note
Check my new idea on GBPUSD:
GBPUSD: Your Detailed Trading Plan 🇬🇧🇺🇸

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