GBPCAD, Daily Last week we saw price successfully close at th | A1 Trading Forex Analysis

GBPCAD, Daily

Last week we saw price successfully close at the top of this long-term ascending channel. We could potentially see price make its next long-term move towards the channel's bottom to create the next swing low LH in this market. I think we could see a clear drop towards the LV and consolidate for a while until price meets the channel's bottom before continuing the next move in the market.

Further Analysis:
https://a1trading.com/feb2121

- Bart