GBP/CAD possible continuation pattern
The GBPCAD seems to be in the midst of a corrective wave, which if broken to the downside may give rise to an impulsive move down to the recent 1.7800 lows. If the pair does reach these levels, we'd be looking to exit any shorts and look for buying opportunities.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.