GBPCAD Bearish setup

Hi everyone!

GBPCAD is giving us many bearish signs. It is good to sell with a great R:R ratio. Lets look at the Daily chart :

1) The pair is forming a Head and Shoulders pattern and it is on its way to the lower side of it

2) Price has been rejecting an important area of resistance at around 1.725

3) Price remains under both our baselines: SSL and Kijun Sen

4) QQE remains bearish

5) Didi Index remains bearish

All in all it is good to sell with targets at 1.705 and 1.663

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