GBPCAD is at a relatively good support level and has failed to push lower from the multiple lows the past couple of weeks.
GBP rates have been rising a lot this morning and we also have had some good fiscal news for GBP cost of living worries, i don't think this adds much to the story but could be helpful.
GBPCAD sentiment and positioning is extremely low and we're at a strong support level, suggesting we could move higher.