💡 GBP/CAD Potential short opportunity.

30 août 2021

Hi traders. My analysis on GBP/CAD is suggesting more Pound weakness ahead. We are bearish on the daily with a Fib rejection off the 38.2. On the 1h we have formed a H&S pattern which is looking like it will break the neckline as well as the trendline. When we do a minor test of the neck line is what i will look for to enter the short position. My TP1 is at 1.72704 TP2 1.71736