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AdamHS

GBPCAD Channel Down

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
AdamHS  
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis GBPCAD GBP CAD
5
2
trendanalysis gbpcad gbp cad
Possible bearish momentum with a channel down starting to form after a rejection from resistance.
Target will be around the 1.715 area with a stop loss just above the previous resistance.
Idea invalidation and breakeven will be placed if channel down is broken.

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