GBP/CAD analysis, June 3, 2022
On the 4hour candle chart
The GBP/CAD currency pair faces the support area at 1.5776/1.5799.
If the support area holds, it is likely that the pair could rise again towards the resistance levels at 1.5888, 1.5972 and 1.6183.
On the other hand, a potential breakout of the support area could lead the price to fall further to 1.5690.
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