#GBPCAD waiting for 4HR resistance area to potential a Drop!

#GBPCAD Price is trading the nearby Resistance Area once the price comes with marked resistance, you will confirm any bearish candlestick formation.

Why we like it:
Price Trading in 4HR and 1HR Resistance area
Attend the 100% fib level
Retrace the price and expect to touch the 50EMA


1st support:
1.73709
Next Zone area & horizontal swing Low support

1st Resistance
1.75745
Zone area & horizontal swing high resistance