USDCAD 

The Canadian, in line with the assumptions and macro data, showed that it is possible to predict movements with accuracy to local corrections. But the last move was not what we expected, so we need to change our assumption a little. At the moment, we expect the afternoon’s data from Canada for a worsening economic situation. Retail sales are falling, so I expect this pair to rise at least to the level of breaking the resistance and breaking the trend line.

GBPUSD

The British Pound shows strength at every turn. Investors take no respite and keep squeezing the last pips from the rate. I myself wonder if the corrections are profit taking or deliberate price cuts in order to select more contracts at a better price. Currently, we expect bad data from 8am EU time. That is why I have marked a correction that has a chance to stop near the line (we can even expect a breakthrough, because the line is conventional). The next afternoon's data are expected to improve the situation in England, so a breakthrough above the marked level would have a fundamental basis. Of course, if the data are in line with forecasts.