Firstly, thanks to those who responded to my question about the Head and Shoulder pattern on this pair last week! I bought at the 1.6730 handle and the pair went up to the 0.6920 resistance zone. While the pair remains above 1.6730 support on a Daily basis I will continue looking to buy to the next resistance levels around 1.69997/70/73. The weekly chart ended with a bullish candle on Friday. A daily close below 1.6730 will negate my bullish outlook for now.

GBPCAD FOLLOW UP 20 NOV

Source: MARYNA

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