GBP/CAD Bullish Setup:Targeting 1.86500 from Demand Zone Support

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Trendline ➡️
Price is respecting an upward trendline 📈 connecting higher lows 🔵 (marked by dots).

Channel ➡️
Price is moving inside an ascending channel 🚀 (controlled bullish movement).

EMA (70) ➡️
The red curve ➰ is the 70 EMA. Price is near it — showing indecision but still respecting it ⚖️.

Demand Zone ➡️
A strong demand zone 🔵 is marked between 1.8400–1.8440 where buyers jump in 🛒 whenever price touches it.

Support Zone ➡️
A nearby support zone 🛡️ is around 1.8480–1.8500. It's acting like a stepping stone 🧗‍♂️ for price to climb.

Target ➡️
The target 🎯 is clearly marked at 1.86500 — aiming for a nice breakout! 🚀📈

Summary

🔵 Stay above the demand zone ➡️ good for buys!

🛡️ Watch the support ➡️ could be a retest and bounce!

❌ If price breaks below demand zone, the setup is invalid ⚠️.

Simple Trading Plan:

✅ Buy near 🔵 demand or 🛡️ support.

✅ Target 🎯 1.86500.

❌ Stop Loss below 🔵 1.8390 area.

Penafian

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