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cupofconfidence

GBPCAD: SELL

Short
British Pound / Canadian Dollar (OANDA:GBPCAD)  
cupofconfidence  
OANDA:GBPCAD   British Pound / Canadian Dollar
Support and Resistance Fibonacci Pivot Points GBPCAD GBP CAD SELL sellsignal short Bearish Patterns
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supportandresistance fibonacci pivotpoints gbpcad gbp cad sell sellsignal short bearish
Based off of higher time frames, we can see that there is more Bearish integrity left in GBPCAD for this week.
Drawing a fib from high to low (November 29, 2015 to August 18, 2019), we can see that that there is a clear support level of 1.722206.
A great entry for Bears this week is right around 1.74876. Expect take profit levels at 1.72206.

Once this takes place, we can expect some Bullish opportunities in this month.
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