GBP/CAD Downside Move Potential by ThinkingAntsOk

Short

British Pound / Canadian Dollar (FX:GBPCAD)

FX:GBPCAD British Pound / Canadian Dollar

Trend Analysis Support and Resistance Multiple Time Frame Analysis GBP CAD GBPCAD short analysis setup USD BTC

trendanalysis supportandresistance mtfa gbp cad gbpcad short analysis setup usd btc

🔸 4H CHART EXPLANATION:
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🔸 Price has been moving on a range for a while.
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🔸 Now, it is breaking the Support Zone.
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🔸 It has potential to make a downside move towards the Ascending Trendline.
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🔸 Will look for a lower timeframe bearish setup.

🔸 DAILY CHART ANALYSIS:

snapshot

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