As you remember, traders, we were very bearish biased on GBPCAD last week. Now it's time for an update!
The pair is currently trading within a falling parallel channel. Reaching its resistance, the price formed a double top formation and broke its neckline then.
I believe that the pair will drop to 1.54 / 1.5366 levels soon.
❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
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