GBP/CAD’s down trend continues this week on broad based selloff in Sterling, while Canadian Dollar has been relatively resilient. Current decline should target 161.8% projection of 1.7623 to 1.6636 from 1.7375 at 1.5778. This lies inside key long term support zone between 1.5746 (2016 low) and 1.5875 (2019 low). The question is whether such 1.5746/5875 […]
The post GBP/CAD extending down trend towards 2016 low appeared first on Action Forex.
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