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FxWirePro: Sell GBP/CAD on rallies around 2.0530-35 with SL around 2.0600 for the TP of 2.025

  • GBP/CAD has broken short term trend line support 2.0540 (trend line joining 1.9520 and 2.02490) and any break targets 2.0350/2.02490.

  • On the higher side minor resistance is around 2.060 and break above targets 2.063/2.0720.

It is good to sell on rallies around 2.0530-35 with SL around 2.0600 for the TP of 2.025      

 

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