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GBPCAD: Classic Bearish Continuation ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡จ๐Ÿ‡ฆ

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์Šค๋ƒ…์ƒท

As you remember, traders, we were very bearish biased on GBPCAD last week.
Now it's time for an update!

The pair is currently trading within a falling parallel channel.
Reaching its resistance, the price formed a double top formation and broke its neckline then.

I believe that the pair will drop to 1.54 / 1.5366 levels soon.

โค๏ธIf you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!โค๏ธ

๋…ธํŠธ
Check my new analysis on GBPAUD:
GBPAUD: Important Decision Ahead ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ฆ๐Ÿ‡บ

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