GBPCAD bearish confluence

OANDA:GBPCAD   British Pound / Canadian Dollar
Potential further rejection after last weeks pinbar at a confluence zone consisting of the 1.800 psychological level, a recent supply zone and an equidistant channel from last years low. Price also seems overextended and a pullback to the MA is likely. I see next support at around 1.740.

*Personal analysis only. It is advised to use your own rules and strategies prior to entering market.
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