GBP is getting strengthen against USD. So its not GBP going up, its USD value brought down including Dollar Index so weaken the currency to gain economic goals already set in white house. Lets see if investors get impressed by US data.
USDCAD is facing 1.2590 resistance. A breakout of this level would suggest that the downtrend from 1.2920 had completed at 1.2247 already, then further rise to 1.2750 area could be seen. Near term support is at 1.2430, a breakdown below this level could trigger another fall towards 1.2247.
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