GBP/CAD is currently at its daily support level, forming a double bottom with bullish divergence, indicating a potential upward price movement. A buy stop order above the breakout of the last lower high is recommended to confirm the price reversal.
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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.