The price is in consolidation within a range, the top of this range is the resistance zone between 1.7500 – 1.770. The bottom of this range is the support zone between 1.6000 – 1.5880. Until we see break out of this consolidation, we will have choppy trading. In the middle we have support zone as well between 1.6730 – 1.6600 that is proving bounces on the daily.
Monthly chart:
![GBP/CAD monthly chart, trading forex analysis](https://tradingchartanalysis.com/wp-content/uploads/2021/01/GBP-CAD-Monthly-chart-2021-analysis-1280x654.jpg)
Weekly chart:
![GBP/CAD weekly chart, technical analysis for currency trading](https://tradingchartanalysis.com/wp-content/uploads/2021/01/GBPCAD-weekly-chart-2021-1280x651.jpg)