GBPCAD : LONG ON RE-TRACEMENT TO 1.6150

GBP has been showing strength on PM Johnson's approach to dealing with Brexit so far with positive sentiment from European counterparts.

CAD has shown weakness along with Crude and the potential for interest rate cuts which can undermine and CAD strength.

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GBPCAD tagged 1.6000 before moving higher.

Look for continuation of GBP strength to get in on pull back opportunities.