ForexKei-Official

GBPCAD broke previous support and downtrending by Ichimoku

Short
FX:GBPCAD   British Pound / Canadian Dollar
Comment

GBPCAD Daily timeframe shows downtrend after support breakout of 1.7152 level.

Ichimoku Analysis

- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles

Next Scenario

Lower timeframes also show downtrend by Ichimoku, so good timing to look for a selling edge.
Ultimate target to be at previous support level of 1.6769.

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