GBPCAD Big move down, will there be a small pause?

Good evening dynamic traders,

Hope you all had a great weekend especially those spending time with Keith Cunningham!

Today's chart is the GBPCAD. It has been doing a move down for some time now, confirmed by the lower highs and lower lows. More recently it has done a sharp move down and tagged a trendline. MACD is showing convergence on mutliple timeframes. If there is a bounce then there will be a long opportunity.


























Charts courtesy of Advanced Get

Good Trading!
Bijal Shah


Question 7
Who is in control?