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GBP/CAD Expecting a Bearish Move

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
ThinkingAntsOk  
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis GBP CAD GBPCAD short Bearish Patterns analysis setup
3
0
trendanalysis supportandresistance mtfa gbp cad gbpcad short bearish analysis setup
🔸DAILY CHART EXPLANATION:
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🔸Price bounced at the Resistance Zone and started a strong downside move after that.
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🔸It has broken the Ascending Trendline.
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🔸We consider that this pair has bearish potential towards the Major Support Zone in the long term, however, we need to be careful with the middle Support Zones in case we decide to short trade.
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🔸 Will look for a lower timeframe bearish setup.
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