Instrument of the Week (25-29 March): GBPCAD Spotlight : vimarsana.com

Instrument of the Week (25-29 March): GBPCAD Spotlight

The final week of March 2024 is critical for traders and investors watching the GBPCAD currency pair, with significant economic data releases from the United Kingdom and Canada. The UK will announce its final GDP q/q, which is expected to show a contraction of -0.3%, a key indicator of economic health that could impact the GBP based on the outcome. Meanwhile, Canada's updated GDP m/m forecast suggests a positive change of 0.4%, indicating a potentially more robust economic performance than previously thought.

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Canada , United Kingdom , Canadian , , Daily Timeframe ,

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