FX.co ★ gaylord93 | GBP/CAD

GBP/CAD

Sunday technical analysis of the pair on the 4-hour chart. The price at the 1.6964 level is working off the TF high and from there, or slightly higher, is getting ready to move back down. The price will be working off the extended red zone; it may work it off completely and then correct downward to work off the low, which is currently being formed at the 1.8216 level, or slightly lower.