💡Chart analysis of the GBP/CAD currency pair (daily time frame). The price is currently retesting the broken structure - a demand zone. If it fails to break above it, it may return to the downside towards the support area (S.1). The MACD indicator shows decreasing upward momentum, supporting the possibility of an upcoming decline.
⛔️Not investment advice for educational purposes only.
⛔️Not investment advice for educational purposes only.
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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.