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GBP/CAD BEARISH BIAS RIGHT NOW| 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 uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.707 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/CAD pair.

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We are seeing a good move already so we will keep the trade running!
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