The Canadian pound and the expected selling areas in the medium term

GBP/CAD analysis and expected selling areas.

 

The GBP/CAD pair is still moving in a strong uptrend

and it is expected to continue rising until it reaches the supply areas above.

In case of reaching the specified supply areas, it is expected to fall from them to the targets shown on the chart.

The analysis fails to penetrate the supply areas and close above them.