According to my last projection of the instrument, due to breaking the bottom of the previous consolidation currency pair GBPCAD reached an important support at 1.5950.

GBPCAD Daily
GBPCAD Daily

Looking on H4 chart we notice that yesterday appeared a bullish reaction, and soon we could expect at least a upward correction.

GBPCAD H4

If we look at the H1 chart we see that the potential growth could reach level of around 1.6135 although the first expected bearish response we might have around the level 1.6093.

GBPCAD H1
GBPCAD H1
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