A hot Canadian employment/wage sends the loonie higher.The Canadian labor market witnessed fresh additions of 39.9K payrolls in August, more than doubled from the expectations of 15K. Reasons why GBP/CAD broke its trendline and might hit at 1.66180 resistance level by the end of the quarter and at 1.66172 in one year.
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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.