As I had anticipated, the GBPCAD decreased in value yesterday.
The price successfully broke and closed below a support line within a rising parallel channel on a 4-hour time frame.
I anticipate that the pair may continue to decline, with potential targets at 1.7192 and 1.7114.
The price successfully broke and closed below a support line within a rising parallel channel on a 4-hour time frame.
I anticipate that the pair may continue to decline, with potential targets at 1.7192 and 1.7114.
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