GBPCAD: Expecting a bearish move after retesting resistance
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My overall bias on this pair has been bearish for a while. Previous levels of support have been respected as resistance recently in this downtrend. Yesterdays daily candle closed as a bearish pinbar indicating that the buyers are struggling to move the price higher. I'm placed a sell limit order in anticiation of one last bullish move before a bearish move to the next level of support.