GBPCAD H2 Analysis

The GBPCAD chart has rejected a strong resistance level and is heading back down. Furthermore, it is currently in a downtrend forming continuously lower highs and lows. Hence, the trade would be executed as follows:
GBPCAD
SELL: 1.74150
SL: 1.74700
TP1: 1.73375
TP2: 1.72500