GBPCAD is oversold at this situation.RSI shows that .so we can see a correctional buy .
EDUCATION
so to find tha point of reverse in the market we can use out fibonacci tool to high to the low the impulse in that point we can see the 0.382 Fibo level is perfectly matched with the previous support which will become the resistance soon.(SBR).also the trading is th reacting process it can not project .so we have to see the price action on that fibo level before it makes an rejection