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GBP/CAD BEARS ARE STRONG HERE|SHORT

Short
Livre sterling / Dollar canadien (FX:GBPCAD)  
EliteTradingSignals  
FX:GBPCAD   Livre sterling / Dollar canadien
Trend Analysis Chart Patterns Wave Analysis GBPCAD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

Previous week’s green candle means that for us the GBP/CAD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.715.

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