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

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