GBP/CAD Price Analysis: Target done, focus is back on the downside

• GBP/CAD bears in play following downside drift from overnight highs.  
• Bulls attempting a meanwhile upside correction to old support.  

As per the prior analysis,  GBP/CAD Price Analysis: Bulls looking for a significant upside correction,  the cross did indeed move to target as forecasted.

Prior analysis, 30-min chart

Live market, 30-min chart

Meanwhile, the price can now be expected to restest the old support in a 38.2% or 50% Fibonacci retracement before making fresh lows.