英镑/加元
做多

GBPCAD: Oversold Market & Pullback

GBPCAD appears to be oversold following a recent decline, with the pair reaching a solid horizontal daily support.

After testing this support, the pair was consolidating within a narrow range on a 4-hour time frame.

The recent break of the resistance within this range indicates buyers strength and suggests a likely pullback.
The target for this pullback is 1.7691.

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