GBPCAD Price Analysis Expected Scenario The GBPCAD price succeeded to face the temporary negative pressures by providing clear positive stability above the MA55 at 1.7085, to decrease the chances of attacking the major support 1.7058 and notice the beginning of forming bullish waves and recording some gains by touching 1.7140. We assure the importance of gathering the additional positive momentum to assist to confirm the bullish scenario, waiting to target new positive stations that might extend towards 1.7185 soon, while surpassing this obstacle will push the price to 1.7245 as a next main target for the bullish trades. Expected Trading Range Between 1.7090 and 1.7185

Trend Forecast: Bullish