GBPCAD - Massive Resistance Intersection!British Pound vs Canadian DollarTICKMILL:GBPCADTheSignalystGBPCAD remains overall bearish, trading within the large descending channel marked in blue. 🔵 Currently, price is retesting the intersection of two important bearish confluences: the upper bound of the blue channel and the upper boundary of the red wedge pattern. This creates a strong overbought area and a significant non-horizontal resistance zone. ⚠️ As long as this intersection holds, we will be looking for trend-following shorts, expecting the bears to maintain control and push price lower within the broader bearish structure. 📊 A bearish rejection from this zone would further strengthen the case for another downward impulse. Will the bears defend this confluence zone once again? 🤔 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr