GBPCAD Higher

Hello! first post,

GB/CA rate differentials are suggesting that we should be higher, likely because GB rates have held up quite well during the recent risk off/commodity rally environment.

CAD has been one of the currencies to benefit from this commodity rally on the crosses and i believe we might see some relief in this in the coming days looking at price action yesterday(depending on what news there is of course) which could lead to some weakness for CAD. sentiment readings to me are suggesting we could also move higher.

there's a nice hammer on the daily chart which could also indicate selling pressure is easing, so i'm turning a little bullish on GBPCAD for a couple days.

not financial/investment advise, just posting this to get some ideas and thoughts out there as well as feedback!