GBPCAD is trading in an ascending channel, where the price retesting its recent highs at 1.7825. Further higher at its next resistance level 1.7872 a resistance from Feb 2021 is lying ahead whereas a reaction for a retracement lower is anticipated with the next target ahead of 1.7650.
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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.