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GBPCAD today broke the resistance level 1.71300 (which previously reversed the price with the daily candlesticks pattern Long-legged Doji at the start of this month). The breakout of this resistance level should accelerate the active impulse wave 3. Given the strong bullish sterling sentiment seen across the FX markets today – GBPCAD is likely to rise further toward the next resistance level 1.73500 (former minor support from the start of September)
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