GBP/CAD Pivot Points Analysis - daily bearish reversal; weekly secondary correction to be started

W1 price is located to be far above yearly Central Pivot at 1.8021 in overbought condition:

• The price is breaking R3 Pivot at 1.9996 from above to below on close weekly bar for the secondary correction to be started within the primary bullish market condition.
• If weekly price will break R3 Pivot at 1.9996 so the secondary correction will be started with R2 Pivot at 1.9328 as a next target, otherwise the price will be ranging within the levels.
  

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Trend:

• D1 - bearish reversal
  
• W1 - correction
  
• MN1 - bullish