GBPCAD ON A BEARISH MOVE

GBPCAD made a bearish impulse from 1.69000 to 1.66000 breaking key support level at 1.68000. During correction on the impulse price made a rejection at the Golden ratio (61.8%) which was in confluence with the supply zone on the 4hr TF. From here we can look entry on smaller TF with TP at 1.64780.