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GBP/CAD has retreated till 2.02300 after making a high of 2.0360. Short term trend is still bullish as long as support 2.023 holds.
- On the higher side minor resistance is around 2.033 and break above targets 2.036/2.040/2.045.
- Break below 2.0230 will drag the pair till 2.019/2.0130/2.0079.
- Overall bullish invalidation only below 2.
It is good to buy at dips around 2.0300 with SL around 2.0230 for the TP of 2.0400/2.0445.
R1-2.0330
R2-2.040
R3-2.0445
Support
S1- 2.0230
S2-2.0130
S3-2.0075
