Action Forex News Agency
2 days agoAction Forex
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Two Things Stand Between GBP/CAD and an Upside Breakout

Two Things Stand Between GBP/CAD and an Upside Breakout

TL;DR: GBP/CAD looks ready to resume its uptrend after rebounding from the 55-day EMA, but a sustained breakout depends on two separate forces — Friday's volatile Canadian jobs report and whether oil's renewed strength above $86 continues to support the Canadian Dollar.

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Source: Action Forex
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