Important price line being approached by GBP/CAD. This price has been tested numerous times before.

Breach of important price line imminent by GBP/CAD
GBP/CAD is moving towards a line of 1.6761 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If GBP/CAD continues in its current trajectory, we may see it move towards 1.6761 within the next 15 hours.

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