GBPCAD 240m EW

Assuming that we are working on (B)/, as evidently (C)/ seems to have made a false start, I see two scenarios: One where (B) takes out the low at A, by possibly completing the Shark or some such, or we could be in for an extended period in a range that could potentially form a triangle. With oil continuing its collapse, and better news out of Europe the triangle scenario makes more sense.