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- GBP/CAD has made a low of 2.04691 and recovered from that level till 2.0699 on Friday.
- It has broken major resistance 2.0630 on Friday which confirms short term bullishness a jump till 2.078/2.087 cannot be ruled out.
- On the downside minor support is around 2.0650 and break below will drag the pair further down till 2.0569/2.0500.
- Short term trend reversal only below 2.0560 level.
It is good to buy around 2.0700 with SL around 2.0650 for the TP of 2.087/2.1000.
