GBPCAD Chart Technical Outlook

GBPCAD Chart Technical Outlook moving higher within the CD leg
The cross is moving higher within the CD leg of a Bat formation. This pattern will be completed at 1.7802, although there is no clear indication that the rally is ending, signals for sentiment or at overbought extremes. Intraday support is located at 1.7663. The preferred stance from current levels would be to buy into dips.

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