GBPCAD SELL limit setup, bounced off key trendline

Short

British Pound / Canadian Dollar (FX:GBPCAD)

FX:GBPCAD British Pound / Canadian Dollar

Trend Analysis Technical Indicators Beyond Technical Analysis GBPCAD GBP CAD SELL short Forex lehforex

trendanalysis indicator beyondta gbpcad gbp cad sell short forex lehforex

GBPCAD broke out of a triangle looking towards continuing the sell off. price pushing towards the strong 50% fib and stop loss above the 61.8 fib and downwards trendline. Next target is the next key area of 1.72264 with more potential.

GBPCAD SELL LIMIT
start: 1.74747
stop loss: 1.75408
take profit: 1.72396

snapshot

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