Last week was not so good for both GBP and CAD, but I believe the fate of GBP may continue for some more days, as 8 HR chart suggest that it stuck up almost at double top. Please find the analysis on GBPCAD 8 HR chart,
As the chart shows, this pair has formed lot of upside doji's showing the weakness of this pair to grow stronger. Hence a short term bearish run will be possible if the price fall below the pink line, which might lead to all the way around 2.0020 region.

Good luck everyone for new week!
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