GBP/CAD Trade Idea

• Major support -1.83450
   
• The pair has recovered after making a low of 1.83498 at the time of writing and slightly recovered from that level. It is currently trading around 1.84226.
   
• GBP/CAD minor intraday resistance is around 1.84270 and any indicative break above targets 1.84540/1.85018/1.8518.
   
• On the lower side minor support is around 1.8380 and break below targets 1.8345/1.8300.
   
• In 4 hours chart both CCI (50) and RSI(14) showing bullish divergence  so a jump till 1.8500/1.8545 is possible .

It is good to buy at dips around 1.8410-1.8415 with SL around 1.8370 for the TP of 1.8495/1.8545

R1-1.8430

 R2-1.84540

R3-1.85018

Support

S1-1.8380

S2-1.8350

S3-1.8300