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GBP/CAD Market Situation And Future Swing Probabilities

FOREXCOM:GBPCAD   Britisches Pfund / Kanadischer Dollar
Positive expectations for the upcoming U.K. general elections could keep sterling supported throughout the session, especially if polls continue to confirm the Tories’ lead. A couple of medium-tier reports from the U.K weren't actually impressive. Monthly GDP was above the previous but QoQ and YoY were lower than previous no good changes. The construction site wasn't doing good. Industrial Production and manufacturing were only better than previous but trade balance ended up the deficit for the Oct. Economic release were mix but the prospect of more opinion polls confirming a lead by the Tories may have some weight reason to push the pound higher on this cross pair.
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