GBP/USD Could Recover While USD/CAD Trims Gains

<p>GBP/USD retested the 1.2450 support and is now correcting losses. USD/CAD is correcting gains and trading below the 1.3655 support. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound is eyeing a fresh increase above the 1.2580 resistance. There is a key bearish trend line forming with resistance near 1.2550 on the hourly [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/518138-gbp-usd-could-recover-while-usd-cad-trims-gains/">GBP/USD Could Recover While USD/CAD Trims Gains</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>