The pair's tested the 61.8 fib level, a reversal at this level and a closing of a bullish candle above it should be considered as a LONG entry signal. Stop loss, Take profit 1 and 2 are shown in the chart as fib levels.
This analysis also applies on GBP/CAD.
This analysis also applies on GBP/CAD.
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LONG entry is not confirmed as the price broke the 61.8 level.