GBPCAD : Temporary Correction In The Making

FX:GBPCAD   British Pound / Canadian Dollar
On the 4h chart of GBPCAD , price made a recent reversal to around 2.0205 level, where we think the first leg of an undergoing correction could end as in black wave ii. Price could initially move even lower to around 50 - 62.80% where our fibo. projections could indicate a reversal towards new highs.

Link to our previous updates on this pair :
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