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HutsonBay

GBPCAD 4HR Short Bias

Short
British Pound / Canadian Dollar (OANDA:GBPCAD)  
HutsonBay  
OANDA:GBPCAD   British Pound / Canadian Dollar
Trend Analysis Chart Patterns GBPCAD GBP CAD gbpcadshort
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trendanalysis chartpattern gbpcad gbp cad gbpcadshort
Trade what we see: Price is following a bearish channel. We are currently sat in the middle of a supply zone, but given the fundamental pressure on GBP, this setup looks great.
We have two take profit opportunities based on the support channel and secondly a Fib Level.
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