GBP/CAD has been on a bear run for quite sometime. We seen new yearly lows. So far this pair has been showing clear higher highs and higher lows and broke through Upper Trend line which has been respected in the past for resistance. As long as we respect 1.61 zones we should see this pair continue.
Price looks like it is creating a Higher low on the daily time frame. looking to go long on this pair once i see a break of 82.70 zone which would be break of 4 hour trend line and if we hold support will be swinging to 85.00 zone, which is a key monthly resistance zone .