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GBPCAD: 1D Rectangle. Short towards the support.

Short
Livre sterling / Dollar canadien (FX:GBPCAD)  
InvestingScope  
FX:GBPCAD   Livre sterling / Dollar canadien
Trend Analysis Chart Patterns Technical Indicators GBPCAD GBP CAD britishpound canadiandollar Forex Currencies currency
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trendanalysis chartpattern indicator gbpcad gbp cad britishpound canadiandollar forex currencies currency
The price has nearly tested the 1.7288 Resistance on 1D and considering the sideways action on 4H (ADX = 40.745, Williams = -47.059, CCI = 1.0605, Highs/Lows = 0.000), a bearish rejection is expected. The 1D Rectangle has a clear support at 1.6600. Short, TP = 1.6660.
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