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Similar to EURCAD, GBPCAD looks very bearish to me:
the price reached a strong daily supply zone on Friday.
Steadily growing and respecting a rising trend line on 4H,
the pair managed to break and close below that once the underlined zone was reached.

I believe that its retest will give us a safe point to short from.

Goals will be:
1.7188 / 1.715

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australiandollarforextradingGBPMultiple Time Frame AnalysispoundpriceactionpriceactionanalysispriceactiontradingSupply and DemandTrend Lines

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