GBP/CAD Trade Idea

• Harmonic Pattern- Bearish BAT Pattern
  
  
• Potential Reversal Zone (PRZ) -2.0950
  
  
• GBP/CAD has made a high of 2.0920 and started to decline from that level. Overall trend is weak as long as resistance 2.0950 holds.
  
  
• On the higher side any break above 2.0950 will take the pair to new level 2.1170/2.1350 level.
  
  
• The pair's support is around 2.065 and break below will drag the pair to next level around 2.030/2.

It is good to sell on rallies around 2.0800 with SL around 2.100 for the TP of 2.035/2.

R1-2.095

 R2-2.1350

R3-2.170

Support

S1-2.065

S2-2.030

S3-2