GBPCAD in a recovery mode hitting support $GBP $CAD #forex
GBPCAD is in a recovery mode after hitting support (upward trendline). I consider a buy position at 1.841. After a small pullback. :) From fundamentals view The Bank of England holds Interest Rates and the size of the Asset Purchase Programme unchanged. British GDP Growth is at 2-Year Low. Canadas unemployment rate remains steady at 6.8%. Labor Force Participation Rate growth a bit. Oil Price seems to go upward, lower 60 level TP 1.89 SL 1.814
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