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Walid_Aboeldahab
Jun 3, 2022 8:24 AM

GBPCAD: negative outlook  

British Pound/Canadian DollarFXCM

Description

GBPCAD The medium-term outlook is negative
Important support test at 5880 in the long term
Short term support at 5800
Negative momentum and expectations of extending the decline to 5580
More oil price recovery supports the Canadian CAD, which supports the negative outlook on the GBPCAD pair
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