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- 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
