GBPCAD Bullish Set-up

Wait 5 sec.

GBPCAD Bullish Set-upBritish Pound/Canadian DollarFX:GBPCADTrade_PointAfter an impulsive bullish move, price is currently in a corrective phase. It is approaching the Optimal Trade Entry (OTE) zone, which aligns with the 1-hour demand zone (bullish order block). This confluence of the Fibonacci 61.8%–85% retracement levels and the demand area suggests a potential bullish bounce and continuation toward the recent high.