Thursday, October 15, 2026

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FxWirePro: GBP/CAD faces strong support around 2.0080, good to buy at dips

GBP/CAD has made a high of 2.023 and retreated till 2.0080 and is currently trading at 2.0188. The pair's major resistance is around 2.025 and break above confirms short term bullishness, a jump till 2.028/2.0320 cannot …

By Lis Howell
Updated 1 min read
FxWirePro: GBP/CAD faces strong support around 2.0080, good to buy at dips
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  • GBP/CAD has made a high of 2.023 and retreated till 2.0080 and is currently trading at 2.0188.

  • The pair's major resistance is around 2.025 and break above confirms short term bullishness, a jump till 2.028/2.0320 cannot be ruled out.

  • On the downside minor support is around 2.0150 and break below targets 2.0100/2.0050.

  • Overall bullish invalidation only below 2.000.

It is good to buy around dips 2.0100 with SL around 2.008 for the TP of 2.028/2.0325        

 

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By FxWirePro Team