GBPCAD : Reversal Could Follow In Days Ahead

British Pound / Canadian Dollar (FX:GBPCAD)

FX:GBPCAD British Pound / Canadian Dollar

GBPCAD Elliott Wave motive correction

gbpcad elliottwaves motive correction

On the Daily chart of GBPCAD, price made a three waves retracement to the downside, after price made a top at 2.0972. That said price may continue higher after, red wave (c) is completed at around 1.970 - 1.978 area.

Our previous updates on this Pair :

GBPCAD : Final Leg C Unfolding

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