VasilyTrader

GBPCAD: Your Trading Plan For Next Week 🇬🇧🇨🇦

Short
OANDA:GBPCAD   Livre sterling / Dollar canadien

GBPCAD formed an inverted cup & handle formation on a daily time frame
after a test of a key horizontal daily resistance.

To sell the market with a confirmation, I will look for a bearish
breakout of its neckline.

Daily candle close below 1.7087 will confirm a violation,
a bearish continuation will be anticipated at least to 1.7015 support then.

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