GDPCAD, continues its bullish trend channel since the middle of the month. Positive news leak from Brexit deal meetings fueling the positive outlook. 1.7390 could be an important support level for today’s moves. Over this level, another attempt to near 1,75 can be expected. For the medium-term, as long as price stays inside the trend channel upward pressures may continue.
The other possibility, price breaking below trend may lead to correction. This move’s possible target can be 1.72 support.