Looking at most GBP pairs this week, and seeing them mostly bearish across the board.
Here on GBPCAD, we finally see some bearish price action lately.
Price was in the larger correctional structure for a while, and we see price moved up correctively to form a ascending channel.
Latest push down on the LTF is the fist sign of confirmation, now we just need to wait for the correction to form here and look for possible sell entry down.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.