GBPCAD: Pullback From Key Level 🇬🇧🇨🇦

Short

Livre sterling / Dollar canadien (OANDA:GBPCAD)

OANDA:GBPCAD Livre sterling / Dollar canadien

Multiple Time Frame Analysis Support and Resistance Candlestick Analysis GBPCAD pound canadiandollar GBP CAD Forex forecast trading techincalanalysis

mtfa supportandresistance candlestick gbpcad pound canadiandollar gbp cad forex forecast trading techincalanalysis

snapshot

GBPCAD reached a major horizontal resistance.
The price has nicely reacted to that, forming a bearish engulfing candle on 4H time frame.

I expect a retracement from the underlined structure.
Goals: 1.68 / 1.677

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