GBP/CAD is following a channel for a few weeks now. Today, the price has hit the lower trend-line. With the positive news concerning Great-Brain, I'm expecting the GBP to gain in value shortly, bouncing off the trend line.
Since these are risky times, I'd wait for the price to close above the yellow confirmation line, with a target around the last major high.
Since these are risky times, I'd wait for the price to close above the yellow confirmation line, with a target around the last major high.
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