GBPCAD is preparing for a strong move
Just like my previous idea on this currency pair, I still think the fundamentals are in favor of the British pound against major other currencies. In addition to that, price continues to create higher market structure which is a sign that buyers are in control. My targets are still 1.7200 and 1.7500 .
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Target 1 hit
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New high
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Target one is serving as support. Trade still active
