The Pound-to-Canadian-Dollar rate is vulnerable to sharp declines while close to recent multi-month highs so traders should keep selling the British currency upon spikes higher for now, according t…
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The GBP/CAD outlook is now marginally bearish after the pair rose up and touched the top of a long-term sideways range, between roughly 1.75 and 1.68, and reversed lower.
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A look at the GBP/CAD and USD/CAD exchange rates from a technical perspective following a sharp slump in the Canadian Dollar midweek which was triggered by the Bank of Canada adopting a more cautio…
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The Canadian Dollar crumbled on Wednesday, pushing the Pound-to-Canadian-Dollar rate to a fresh six-month high, after the Bank of Canada (BoC) appeared to drop its bias to lift interest rates over …
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The Canadian Dollar sank deeper into the red against some of its big rivals at the beginning of the new week, although analysts are warning that losses could build further over the coming days as m…
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The GBP/CAD exchange rate reflects two currencies caught in a war of attrition, whereas other Sterling-based pairs are showing clear biases towards further gains.
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The Canadian Dollar was dealt a crushing blow Friday by official data that showed the economy contracting into year-end, as multiple headwinds stymied activity, vindicating the Bank of Canada for h…
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