GannMarkets

SELLING PRESSURE MAY RISE IN GBP/CAD WITH BREAKING THE TRIANGLE

Short
OANDA:GBPCAD   British Pound / Canadian Dollar
We expect selling to accelerate if the triangle in the GBP/CAD parity breaks downward. Selling can occur to the line of support below that we show in the yellow. Our target level will be 1.6930 if the 0.7315 level is exceeded.

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