Here we can see GBPCAD has failed to break a major resistance level on the daily at 1.88175 a zone which has held since July 2025.
On lower time frames like the hourly we can also see MA's have started to cross over to the downside.
I am expecting the pair to fall further from here rapid once we sweep the support and last 4h swing lows around 1.865
TP1: 1.85534
TP2: 1.84500
TP3: 1.83500
On lower time frames like the hourly we can also see MA's have started to cross over to the downside.
I am expecting the pair to fall further from here rapid once we sweep the support and last 4h swing lows around 1.865
TP1: 1.85534
TP2: 1.84500
TP3: 1.83500
Trade closed manually
closed early at 1.86123 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.