GBPCAD - NEXT MOVE - COT REPORT - SEASONAL DATA

GBPCAD has been experiencing some bearish momentum. The pair has currently rejected the bearish trendline and our resistance area showing signs of movement to the downside. Last week's COT Report showed signs of CAD weakening as they begin to increase there the number of short orders. This could result in a possible push to the upside as we have yet to see the GBP bullish rally we experience seasonally over 10+ years of data.