GBPCAD, Daily
On the Daily timeframe, GBPCAD navigates within an ascending channel and currently testing its lower border, near 1.7840 support.
The bullish trend is strong, however, the Parabolic SAR pointed the dot above the price, giving a mixed sentiment:
- Consider a short GBPCAD trade on a breaching below the 1.7840 support with the target 1.7670, and further breaching with the target at 1.7340.
