LS_FX1
Short

GBPCAD - Expecting Further Downside

FX:GBPCAD   British Pound / Canadian Dollar
Expecting further downside from here.

Price created a double top , the ascending trend line has now been broken and we have a solid closure below structure (1.6195) and the 4 hour 50ema.

I'd like to see a push lower with entry's taken upon a retest of previous support (now resistance).

Alternatively we may see price pop higher and retest the 4 hour 50 before rolling over.



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