The price has reached the support level and RSI shows that it was oversold, so this would indicate upcoming bullish momentum. We are looking for a 50% Fibonacci retracement.

Target: 1.60
Entry: 1.582
S&L: 1.576
Chart PatternsForexGBPCADTechnical Indicatorsrsi_oversoldsupportTrend Analysisvf_investment

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