I've decided to look for shorts on GJ due to the pound weakness and the price stall around my monthly resistance.
Price action is starting to suggest that a shift in momentum could be in play and lower highs are being made.
Currently rallying up, this is evident because the pair is making higher highs and lows as you can see.
If previous swing low is violated and price closes below it then I believe USDCAD will fall.
However my current bias is bullish and I'm expecting another push/leg to the upside with targets at previous swing high 1.3100 and also long term at 1.34000 ...