The GBP/CAD Cross Rose To Test A Key Resistance Level For A Drop

From a Technical view of support and resistance, the GBP/CAD cross rose to test a key resistance level in early trading of today. We seeing price at a key resistance area for the beginning of a drop.
Signal Specification
Pair:GBPCAD Sell
Entry: 1.71263
Pending Entry: 1.71927
Tp: 1.67284
Sl: 1.73167
R/R: 2.09
Signal Specification
Pair:GBPCAD Sell
Entry: 1.71263
Pending Entry: 1.71927
Tp: 1.67284
Sl: 1.73167
R/R: 2.09
Trade closed: stop reached
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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.
Disclaimer
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.