Alexander_Harford

GBP/CAD🇬🇧 🇨🇦 to DROP!

Short
OANDA:GBPCAD   British Pound / Canadian Dollar
Let's take a look at the GBP/CAD🇬🇧 🇨🇦 1D&2H from the multiframe perspective. One the daily chart we can sport the movement within the symmetrical triangle with the price being rejected by the Top descending resistance. On the 2H we see the ongoing test of the Downward channel's resistance with the Stochastic and ROT being near the overbought area. I expect the drop of the price in the mid-run.

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