GBPCAD Still Trading In A Correction

On the 4h chart of GBPCAD, we see sloppy and slow price action, which means that price is trading in a correction. For now this correction in black wave b looks like a triangle pattern that is still in the making. After wave b we still expect price to go lower into black wave c, before turning to the upside ideally from 2.00 psychological level.

Link to our previous updates on this chart :

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