GBPCAD is in a bullish continuation, targeting the previous high's liquidity. It’s expected to react at the 1-hour order block, aligning with the 50% Fibonacci retracement level. This zone could either propel the price higher if buying pressure continues or face resistance from sellers re-entering.
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.