GBP/CAD Trade idea

GBP/CAD has retreated till 2.02300 after making a high of 2.0360. Short term trend is still bullish as long as support 2.023 holds.

• On the higher side minor resistance is around 2.033 and break above targets 2.036/2.040/2.045.
   
• Break below 2.0230 will drag the pair till 2.019/2.0130/2.0079.
   
• Overall bullish invalidation only below 2.

It is good to buy at dips around 2.0300 with SL around 2.0230 for the TP of 2.0400/2.0445.

R1-2.0330

 R2-2.040

R3-2.0445

Support

S1- 2.0230

S2-2.0130

S3-2.0075