I try to make analysis for gbpcad pair today.
I see this pair still in strong bearish movement . If this pair can break the 1.7066 support level, I predict this pair will go down to the next support at 1.7114 But if this pair go up and break 1.7015 resistent level, I predict this pair will make some correction to the next resistent level at around 1.6963
Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with stoploss at 1.7029 and take profit at 1.7116
my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.