Canada’s 1Q Gross Domestic Product (GDP) report may influence USD/CAD as the update is expected to show the biggest contraction since the data series began in 1961.
<p>Following the 50bps hike by the Bank of England in June, many market participants are now convinced that another increase of that size will be delivered in August, while they are anticipating
<p>Pivot</p> <p> (invalidation): 0.6825 Our preference</p> <p>Long positions above 0.6825 with targets at 0.6875 & 0.6905 in extension.</p> <p&g
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