So, if the pound is weakening or the commodity pairs are generally strengthening, I could see a scenario where the GBOCAD breaks lower today and goes on a short-run lower. Or, price retraces back towards the recent highs, fails and then heads for a bigger swing low.
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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.