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- 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
