GBP/CAD approaching resistance, potential drop!

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Trading Recommendation

Entry: 1.76955

Reason for Entry: Horizontal overlap resistance, 61.8% fibonacci extension and 78.6% fibonacci retracement

Take Profit : 1.71778

Reason for Take Profit: Horizontal overlap support, 50% fibonacci retracement

Stop Loss: 1.79977

Reason for Stop loss: Horizontal swing high resistance

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