I expect a fail break, if it occur, we can consider to long trade.
USDCAD after break trend, price now retest trend and DROP
With what's happening, GBPCAD can drop to 1.64884 and lower
I see an flat wave and repare for an corrective wave C before price go down in DOWN TREND
Price go down and confirmed down trend.
After complete wave 5 with a pinbar I think EU will sideway and ready to start up trend.
What happens, BXY reach it's support, and i believe that GBP will go up in short time.