GBPCAD: Look for short opportunities.

GBPCAD couldn’t able to sustain above the longterm downtrend line for long. A clear Head & Shoulder pattern has been formed. Also Last trading day we saw a close below important level 1.7080.
Trade Idea: We should look for short trades below neck line. Here better not to have long trades until clear confirmations.

Regards
Abid Hossain

Disclaimer