Since the end of March the asset's price has been depreciating as the pound has become weaker against the Canadian dollar.
In a clear bearish trend the ideal entry is shorting after correction with TP around 1.7061 which represent a daily support.

This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested
correctionpriceactionTrend AnalysisWave Analysis

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