GBPCAD H1 Analysis

The GBPCAD chart previously broke a strong resistance level, and is now retesting it before potentially proceeding to a major uptrend. The price should shortly bounce off the new support level. Hence, the trade would be executed as follows:
GBPCAD
BUY: 1.72000
SL: 1.71500
TP1: 1.72500
TP2: 1.73000