On the 4hours time frame the price chart of GBPCAD has been spotted forming a continuation chart pattern called The Bottom.
Just as we as analysed before based on the down-sloping neckline(resistance) play out ore variably on any time frame.
A consistent test of resistance or support is giving a near sign that price is about break that level at no time. The area of concentration are the resistance ahead after a clean breakout.
Resistance 1- 1.64229
Resistance 2- 1.64980
Resistance 3- 1.65729
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Ideas published should not be referred to as an investment advice.