#GBPCAD: Get Ready For +1100 Bullish Move!

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#GBPCAD: Get Ready For +1100 Bullish Move! British Pound / Canadian DollarFOREXCOM:GBPCADSetupsfx_🔺The bullish case starts with the sweep of external sell-side liquidity near 1.8100 in March. Price briefly moved below the earlier low, then recovered. The subsequent rally broke the swing high around 1.8700, producing the bullish change of character, or CHoCH, marked on the chart. In simple terms, price began breaking resistance after a period of weakness. 🔺That makes 1.86030 the key pullback level to watch. It sits below the midpoint of the May–July advance, placing it in the discount portion of that particular swing under SMC analysis. This supports the planned entry location, but it does not confirm a trade by itself. I would want a bullish rejection followed by displacement—a strong move away from support that breaks a recent lower high. 🔺Above price, the July highs around 1.9000–1.9050 represent potential buy-side liquidity, where traders anticipate stop orders above previous highs. That is the first important upside area. A sustained break and successful retest would strengthen the case for the projected move towards 1.9100, followed by approximately 1.9500. A brief sweep of those highs could still produce a rejection, so follow-through matters. 🔺The marked exit at 1.84674 defines the invalidation for this planned long setup. If that level fails, I would step back and reassess. For retail traders, the practical point is to size the position around the actual entry and stop distance, rather than the size of the projected rally. LIKE AND COMMENT THE SETUPSFX_ TEAM