GBPCAD Could Bounce Higher In Sessions Ahead

GBPCAD is trading lower within three wave set-back in wave two that we highlighted it earlier this week. Pair is approaching some key levels now around 2.0000 where we see former wave iv, and also 50-61.8% retracement level. Despite that we see 2.0000 as psychological level so ideally bounce will occur from there next week.

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