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ืœื™ืจื” ืฉื˜ืจืœื™ื ื’ / ื“ื•ืœืจ ืงื ื“ื™
ืฉื•ืจื˜

GBPCAD: Classic Bearish Continuation ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡จ๐Ÿ‡ฆ

ืžืืช โ€ŽVasilyTraderโ€Ž
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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.

โค๏ธIf you have any questions, please, ask me in the comment section.
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ื”ืขืจื”
Check my new analysis on GBPAUD:
GBPAUD: Important Decision Ahead ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ฆ๐Ÿ‡บ
CADcanadiandollarDouble Top or BottomForexGBPCADParallel ChannelpoundTechnical AnalysistradingTrend Lines
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