GBPCAD suspect bearish for 1.7040

GBPCAD two key reversal bars indication for bearish reversal prices ahead. Low volume pullback may test 1.7390-7400 area. Price rising with low volume means profit taking by shorts position.

Daily time frame chart making lower high and lower low. Symmetrical triangle break downside. Friday daily bar broke and close below several bars low. If price holds 1.7390-7400 resistance then high probability sustain bearish momentum. 1.7040 target for down side.

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