Weekly candles clearly show more selling bias, to confirm this, wait until GBPCAD breaks the 1.755 support level (Weekly S2).
Sell it till the next trend support zone around 1.7 (Just above monthly S1 pivot).
Sell it till the next trend support zone around 1.7 (Just above monthly S1 pivot).
Comment:
chart with fib levels
Trade active
Comment:
On track heading towards 1.7 and possibly further. Can add on this short once it breaks from this correction
Trade closed manually:
Close and look for potential up continuation next week