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GBPCAD is a what I call a Setup 1 Short

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
iTradeAIMS  
FX:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns Elliott Wave
1
0
trendanalysis chartpattern elliottwaves
This is a good setup one short.

We see a long sideways consolidation period and currently it is breaking below it.

The Pound Sterling had interest rates news announced today and it would appear the pound is wreaking against the USDCAD

Also a pullback Short on the GBP/USD
snapshot

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