GBP/CAD just turned lower after rising by half of its average daily volatility! Note that GBP/CAD turned lower just above the R1 (1.7200) Pivot Point level in the 15-minute time frame. Coincidentally, GBP/CAD's rejection area coincide with half of the pair's average daily volatility on Tuesdays. Will the rejection at the area of interest lead to a deeper retracement for GBP/CAD?