GBPCAD has touched a 29½-month low of 1.6516, subsequently shaping the 1.6516-1.6566 support border that encapsulates the March 2020 trough of the collapse from the 1.8045 high. The tempo of the pair's descent from the recent 1.7376 high softened in the vicinity of the March 2020 bottom of 1.6536. Nonetheless, the simple moving averages (SMAs) […]
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