GBPCAD Going Down with Massive Weekly Bearish Candle

15 sept 2020

GBPCAD shows more downside over the next 1-2 weeks towards the 1.6750-1.68 levels. With pending Brexit news looking worse and worse and GBP Economic data coming in, the massive weekly candle is telling us, wait until this retracement is over and then hit the sell button. 1.70 Level has already rejected price action with weak buying pressure. I see more downside ahead.

Let me know your thoughts and comments as they are always welcomed! Cheers folks!