GBPCAD: Waiting For Breakout

GBPCAD has been in an upward trend for the past week. It is currently facing strong resistance at a horizontal level.

I am waiting for a breakout, and a close above this resistance level on an intraday candle will confirm the breach. If this happens, we can expect a bullish movement towards at least 1.725.

I will provide an update once a breakout is confirmed.