FX:GBPCAD   British Pound / Canadian Dollar
Hello and welcome to my Trade Idea of the currency pair GBP/CAD .

Lets start with the Top Down Analysis.

Monthly: The monthly timeframe is in a strong downtrend.

Weekly: Weekly is very bearish too.

Daily: We see on the daily timeframe a bullish trend but the possibilities are there that the price will fall.

H4: Here we draw the counter trendline and wait for a confirmed breakout.

Have a nice day.


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