GBPCAD FORECAST

WEEKLY

DAILY

GBPCAD – Look to sell on bearish price action if key support turn resistance.

Trend: Range 
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 Key Levels: Resistance / Support = 1.6960 Daily 

Price Action:  Price needs to break below level noted on hourly time frame for me to start selling. Group awaiting confirmation.

Notes: I'm waiting for price to trade below this pivotal level, I will be selling into strength whilst price is contained below this important price zone. Mondays low is aligned with hourly levels and should created a nice area to pivot a short. 
Key level needs to break first.

Video Analysis