GBPCAD
Bearish Closed

A Price Action Descending Triangle pattern formation on the 4 Hour time frame chart supports GBPCAD Bearish bias. A break of 1.71980 will support the fall towards the target of 1.71320 the break of 1.71320 would push the price to 1.70880.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 1.70706
  • Support S1: 1.70683, S2: 1.70646 , S3: 1.70623
  • Resistance R1: 1.70743 , R2: 1.70766 , R3: 1.70803