GBPCAD: Sequence Target at Point CGBP/CADOANDA:GBPCADSmellyTazGBPCAD has activated a clean bearish sequence on the 1-hour timeframe following an initial impulsive displacement down to establish Point A near 1.8705. The subsequent corrective leg established Point B at 1.8760, which anchors the structural frame and acts as our definitive invalidation level. As long as Point B remains unbreached, the integrity of this sequence remains fully intact, with any breach of the B origin voiding the entire structural setup. Price is currently mitigating the BC correction zone between 1.8720 and 1.8740, directly intersecting the key horizontal S&R zone and the highlighted 1-hour Fair Value Gap. This technical retest aligns with macro headwinds for Sterling following the Bank of England's cautious hold, while steady crude oil strength continues to underpin the Canadian Dollar. The visible rejection wicks inside this confluence of S&R resistance and BC confirm that sellers are actively defending overhead supply. With the BC correction zone and S&R resistance holding firm against buyers, the sequence is primed for downward expansion toward the Point C target box between 1.8590 and 1.8617. Point C represents the mechanical sequence completion point and primary liquidity objective for this setup, clearing out the lower demand pocket. Continued downside momentum into Point C will fulfill the projected algorithmic move and complete the sequence.