Monthly is ranging and price hit into a strong support region. Weekly is in a strong downtrend. Daily is a strong downtrend. If price falters at this level or above at 200EMA or higher at 170.2, we have potential shorts. They are Tier 1 shorts because monthly is ranging and we are close to a strong support level.
Monthly GBP/CAD is in an uptrend but it faces strong resistance at the 2.07321 level. On the weekly chart it ranges between the 2.08 and 2 region. Daily chart we are in a range/ mild downtrend. Watch for a return to the 1.988 region for a potential Tier 1 long trade. It is tier 1 because the trends are mixed and price rejected a monthly key level.