GBP/CAD Trade

• Major support -2.035
   
• Major resistance - 2.094
   
• GBP/CAD has made a low of 2.050 yesterday and started to recover from that level. It is currently trading around 2.06966.
   
• Short term trend is still weak as long as resistance 2.0950 holds.
   
• Any break above 2.0950 will take the pair till 2.125/2.155.
   
• On the lower support is around 2.035 and break below targets 2/1.980.

It is good to sell on rallies around 2.075 with SL around 2.1000 for the TP of 2.035/2.

R1-2.095

 R2-2.1350

R3-2.170

Support

S1-2.030

S2-2.

S3- 1.980