- GBP/CAD has made a low of 2.00809 and slightly recovered form that level. It is currently trading at 2.0164.
- Overall trend is bullish as long as support 2.010 holds.
- Any break below 2.010 will take the pair further down till 2.0030/2.000.
- Overall bullish invalidation only below 2.
- On the higher side major resistance is around 2.019 and break above targets 2.026/2.0325.
It is good to buy at dips around 2.0155-2.0160 with SL around 2.0100 for the TP of 2.026/2.0325
The material has been provided by InstaForex Company – www.instaforex.com