GBPCAD sell move after the cad cpi data release

١٩ ديسمبر ٢٠٢٣

The GBPCAD is making a retracement and should revisit the supply area around the 1.7100 before making a drop towards the 1.68500 on intraday trades, while looking from the daily time frame we would be seeing the price moving lower towards the next support level of 1.6200 on a swing position

swing/intraday entry: 1.71000
swing stoploss: 1.73900
intraday stoploss: 1.71700
swing take profit: 1.62000
intraday take profit: 1.68550