Hello traders! ‼️ This is my perspective on GBPCAD.
Technical analysis: Here we are in a bearish market structure from higher timeframe perspective, so I am looking for short. I expect bearish price action from here as we can see that price filled the imbalance and rejected from bearish order block.
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Based on the bullish corrective nature of the price in this recent leg, I would also be on the lookout for a potential selling opportunity within the area you've marked on the chart.