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FX.co ★ GBP/CAD approaching resistance, potential drop!

GBP/CAD approaching resistance, potential drop!

GBP/CAD approaching resistance, potential drop!

Trading Recommendation

Entry: 1.73957

Reason for Entry: Horizontal swing high,78.6% Fibonacci retracement,127% Fibonacci extension

Take Profit : 1.7228

Reason for Take Profit: Horizontal pullback support

Stop Loss: 1.74882

Reason for Stop loss: Horizontal swing high resistance

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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