The GBPCAD fired of a very solid Pin Bar Reversal yesterday that was rejecting both resistance and also the very big round number of 1.600. Members were alerted to this signal through the Members only Forum where the Senior traders and Johnathon discussed this setup in detail.
There has support quite at around the round number of 1.5900. If price can make it to this level price has a chance of at least stalling before either continuing lower or rejecting and moving back higher.
GBPCAD DAILY CHART
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