GBP/CAD

Hello friends. It's been a while since my last post. But now I have more time for tradingview. Let's jump right in. On a daily timeframe gbp/cad pair is in a down trend. We can clearly see it by its trend lines, but now it reached again a resistence zone, a zone of confluence. Let's see what is happening here. If it breakes we can expect to see a rise in price to 1.75 zone, if not 1.693 is a safe trade to go short. The key is to have patience.
CADGBPGBPCADTrend Analysis

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