GBPCAD: Consolidation Trading 🇬🇧🇨🇦

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Libra Esterlina/Dólar Canadense (OANDA:GBPCAD)

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OANDA:GBPCAD Libra Esterlina/Dólar Canadense

Support and Resistance Supply and Demand Parallel Channel Forex GBPCAD canadiandollar pound poundsterling

supportandresistance supplyanddemand parallelchannel forex gbpcad canadiandollar pound poundsterling

snapshot

Hey traders,

GBPCAD is trading within a wide horizontal trading range.
Last week its resistance was reached.
The price formed a double top formation on that.

Taking into consideration that the market is trading in sideways,
chances are high that the price will drop.

Goals:
1.7115
1.706

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