GBP/CAD BEARS WILL DOMINATE THE MARKET|SHORT

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Hello,Friends!

The BB upper band is nearby so GBP-CAD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.709.

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We are seeing a good move already so we will keep the trade running!
Bearish PatternsChart PatternsforecastForexGBPCADSELLshorttechincalanalysistradingTrend AnalysisWave Analysis

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