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GBPCAD is on a bearish momentum! | 19th Oct 2021 for FX:GBPCAD by desmondlzw

GBPCAD is consolidating in a bearish channel . We can expect price to dip from the pivot at 1.70049 in line with the 38.2% and 61.8% Fibonacci retracement towards the take profit level at 1.8944 in line with 100% Fibonacci extension . Technical indicators are showing bullish momentum.

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