GBP/CAD started a bearish trend since mid 2005 and continue this bearish trend untill it reached its low on May 2010 as it can be seen in the image bellow.After that the trend started a consolidation period since May 2010 and is still in consolidation as we speak between the 1.52 level and the 1.64 level ,with 2 more strong attemptives to breach the 1.64 level,( in 2010 between July till November ,2011 August till October) ; and 2 attemptives to breach the 1.52 level ( in July 2011 & March 2013)…