My view on GBP/CAD is bearish for the next month. My count suggests that a five wave move up is complete and a correction is started. I think this correction will be short compared to the up move but there is still reason for caution. The first chart is a daily and the second is a 4-hour chart. I did not want to draw a detailed prediction as we are in a complex correction but the target is 1.7600 for September.


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