#forexeducation #forexmarket GBPCAD is moving in a strng rising channel where price has completed major impulsive waves and is now finishing the final stage of the structure. The chart shows wave five approaching the upper boundary of the channel which aligns with previous resistance. After touching this zone the market is expected to face pressure and pull back toward the lower boundary. The corrective pattern labeled a b c indicates that buyers are losing strength and sellers may take control soon. For now the focus remains on the top of the channel as the key level to watch before a possible downside move.