GBPCAD Bullish Wedge Pattern: Potential for Further Growth

GBPCAD Bullish Wedge Pattern: Potential for Further Growth

The GBPCAD has recently broken out from a bullish wedge pattern, suggesting that the GBP is likely to see an increase in bullish volume today.

Previously weakened by the Bank of England's (BOE) rate cut, it appears the market has already digested this news.

The last two candles are both green and long, signaling potential for continued growth.

Key resistance zones to watch are near 1.7790 and 1.7850.

You may find more details in the chart!
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