GBPCAD approaching support, potential bounce!

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Trading Recommendation

Entry: 1.70845

Reason for Entry: Ascending trend line, 100% fibonacci extension and 61.8% fibonacci retracement and horizontal pullback support

Take Profit: 1.73784

Reason for Take Profit: 100% fibonacci extension

Stop Loss: 1.69823

Reason for Stop Loss: Horizontal swing low support

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