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DeGRAM | GBPCAD false break of the psychological level

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
DeGRAM  
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns Support and Resistance gbpcadanalysis gbpcadsignal
4
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trendanalysis chartpattern supportandresistance gbpcadanalysis gbpcadsignal
GBPCAD is trading in the ascending channel. It created divergence at the resistance level.

The market rebounded from the psychological level at 1.71000 and closed below it.

Price decelerated while approaching resistance, so most likely it will go down.



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