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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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The FTSE 100 has gained 13% from the October lows, but can bulls further the move as an important resistance zone comes into the picture?

Rates markets are set on a 75-bps rate hike this week.

Rates markets see greater than a 100% chance of a 75-bps rate hike in November.