#GBPCAD 🇬🇧/🇨🇦 Wave analysis within a 4-hour timeframe.
Consistent recovery 📈
🧐 It appears that the downward impulse wave may have ended, as indicated by the breach of a key level specific to this downward wave, as well as the upper limit of the price channel.
Forecasts 🚀
1. A recovery in price through wave A.
2. A minor corrective wave representing wave B.
3. A subsequent surge through wave C.
4. The price reaching the area between 80-88.6%.
✨ It is crucial to closely monitor these movements to strengthen the upcoming upward trend and achieve the desired goals. A breakout above the peak supports further increases in the future.
