GBPCAD testing multiple FIB levels

GBPCAD consolidating within 1.7960-1.8660 since Feb 2014. It has bounce up from almost all FIB retracement levels, 38.2% 50% 61.8% 70.7% 78.6%. The only remaining FIB level not tested yet is the 88.6%. Based on the evidence of price action, i think GBPCAD should bounce up from 88.6%. Enter long around 1.8040, the 88.6% FIB retracement level.

Long GBPCAD 1.8030-40
SL 50pips
TP1 100pips
TP2 200pips

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