The Canadian dollar is starting to correct—so what are the best expected buying opportunities?

Best Buying Zones for the GBP/CAD Pair on the Daily Timeframe

The GBP/CAD pair is moving within a strong upward trend and has recently begun a correction.

This correction is expected to continue towards the daily demand zones identified on the chart.

Expected Targets

If the price falls to the levels near 1.8788, we anticipate a renewed upward movement targeting the levels shown on the chart near 1.8860 and 1.8950, respectively.

This analysis and the expected upward movement will be invalidated if the daily candle breaks and closes below the identified daily demand zones.

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