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GBP/CAD BEARS ARE GAINING STRENGTH|SHORT

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Brittiska pund/Kanadensiska dollar (FX:GBPCAD)  
EliteTradingSignals Uppdaterad   
FX:GBPCAD   Brittiska pund/Kanadensiska dollar
Trend Analysis Chart Patterns Wave Analysis GBPCAD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis gbpcad short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

GBP/CAD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.721 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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