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GBPCAD: Structure Based Bearish Forecast!

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
VasilyTrader Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis pound Forex GBP canadiandollar Currencies market trading trader USD
62
18
trendanalysis chartpattern waveanalysis pound forex gbp canadiandollar currencies market trading trader usd
snapshot

GBPCAD has reached a daily/4H structure resistance.

on 1H the price has formed a double top formation and we see a confirmed bearish breakout of its minor support.

now the price will keep going lower.

target levels:
1.691
1.687
Trade closed: target reached:
T1 reached
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