GBP/CAD 1.50 Psychological likely to be broken

With the issues going on in the UK and the BOE being stuck between a rock and a hard place, once price breaks the 1.53 level, price may be able to make a run to 1.50. Once the 1.50 level is broken again, price will potentially have enough momentum to push to the 1.45 level and lower. I am thinking the UK Government and the BOE are going to diverge as the BOE wants to hamper down on inflation, while the UK Government wants to improve the UK economy. Consumers are feeling the effects of the Pound weakening fairly quickly and dealing with double digit inflation. Price attempted to climb higher, but eventually traders and investors will catch on and start pushing the pair lower, or at least exiting to cut losses. Canada has a trade surplus, Oil is recovering a little, and its economy is in a better position, which will add more fuel to price pushing lower on the GBP/CAD.