- GBP/CAD has broken short term trend lien support 1.9580(trend line joining 1.88460 and 1.9313) and decline till 1.9320 is possible.
- Short term bullishness only above 1.9650 and break above will target 1.9705/1.9735.
- On the downside minor support is around 1.9550 and break below will drag the pair to next target at 1.9440/1.9320.
It is good sell on rallies 1.95725-50 with SL around 1.9650 for the TP of 1.9451/1.9320
The material has been provided by InstaForex Company – www.instaforex.com