GBP/CAD Signal - GBP GDP Estimate - 11 Oct 2021

GBPCAD is trending to the downside currently prior to the GDP Estimate released by the National Institute of Economic and Social Research, which is an estimate of growth over the last 3 months up to the report which comes out a month before the official announcement. Technically the pair has brokken support, the 1h candle is a bearish rejection of upside, and the RSI points to further downside.

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