TECHNICALS: Weekly Bullish Engulfing GBPCAD Pullback support zones to watch, S1 1.6450, S2 1.6350 Bullish signals around these support zones would be better entry for move up to 1.7000
FUNDAMENTALS: Pending BOE rate hike. BOC signalled rate hike has no pre-determined path. Positive GBP if Brexit is smoothly transacted. Positive economic data required to support move higher.
Disclaimer: This is not investment advice, trade your own ideas. Always practice good risk management. All the best!