FOREXN1

GBP/CAD:SELL From Breakout Dynamic Support for A SHORT Setup

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FX:GBPCAD   英鎊 / 加元
GBP/CAD in the last session compress the price inside a bullish channel but yesterday the price Broker the dynamic support of this pattern and seems today ready to drop down, in the direction of the main trend. The scenario looks like a local double top where the divergences on the stochastic can make our Idea stronger. The Alternative scenario will happen if the price rebounds on this dynamic support after a fake breakout and raise until the 1.5700 value.
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