GBP is facing a selling pressure against Canadian dollar.The chart has formed an ABCD harmonic pattern as well as a bearish divergence on RSI.Both these indications are quite strong and point towards the upcoming bearish trend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.