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GBPCAD will be tested by technical resistance this week. A break above here can occur if Trump hits Canada with import tariffs.
January 20,2025
Pound Sterling has entered a downtrend against the Canadian Dollar, but some dip-buying might occur in the coming days as it unwinds oversold conditions.
January 13,2025
The Canadian Dollar outperformed following the release of consensus-beating employment numbers.
January 10,2025
GBP/CAD trades lower following signs Donald Trump is softening his stance on trade tariffs.
January 7,2025
The Pound has lost steam against the Canadian Dollar and could be due a retreat to 1.7946. Bigger picture, however, is still constructive.
December 23,2024
The Canadian dollar, long considered a stable commodity-linked currency, is facing historic lows as multiple factors converge to form what analysts are calling a "perfect storm."
December 19,2024
Politics might be a new negative facing the Canadian Dollar at the turn of the year.
December 18,2024
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