On GBPCAD, we have a price at around 1.6885. My entry target is expected in the 1.6894 zone, where we have a supply zone generated within another supply zone. Following the Forex48 strategy, we have our bearish setup. The rebound target in that area is set at 1.6770 with a risk-reward ratio of 1:2. If you'd like, please share your opinion. We would be grateful. Greetings from Nicola, CEO of Forex48 Trading Academy.
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