Thu, 03 Sep 2015 09:07:17 GMT
GBP/CAD 1H Chart: Falling Wedge
Even though the GBP/CAD currency pair has recently crossed the upper trend-line of the falling wedge, the Sterling failed to extend gains and started to hover around the edge of the pattern on its way down. The current outlook for the pair is mostly bearish, as the price slumped below the cluster of resistance levels around 2.02, while