GBPCAD At the Lower MLH

FX:GBPCAD   British Pound / Canadian Dollar
60 0 0
The price has paused at the lower MLH and the 1.618 extension of the prior swing down. What's next? A return to the ML or a further decline? I subscribe to the bullish option. I believe, the pound has not weakened that much to start a new down trend again the CAD.
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