08 May 2017 GBP/CAD Forecast for the Next Five Days: Strong Momentum, but Could be Nearing Overbought Conditions

As we start the new trading week GBP/CAD is in a very strong uptrend, which, however, is showing signs of getting a little overbought.

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03 May 2017 Canadian Dollar Forecast to Extend Weakness Against Sterling and US Dollar

One of Canada’s leading foreign exchange technicians tells us the Pound to Canadian Dollar exchange rate (GBP/CAD) remains in a technical uptrend and any weakness should be limited.

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01 May 2017 Canadian Dollar's April Showers Could Lead to May Flowers

Recent weakness in CAD might be overdone thinks Avery Shenfield, an analyst at CIBC Capital Markets.

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30 April 2017 GBP/CAD Rate: Upside Momentum Forecast to Remain Strong

GBP/CAD has climbed to new highs of 1.7680 and is expected to continue rising in the absence of any bearish signs.

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26 April 2017 Pound Living on ‘Borrowed Time’ Against Canadian Dollar

The Pound to Canadian Dollar exchange rate (GBP/CAD) trades near fresh 8-month highs having touched 1.7450 this week.

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23 April 2017 Pound Could Extend Gains Against Canadian Dollar in Coming Week, but Looking Increasingly Overbought

The Pound to Canadian Dollar (Loonie) rose more than any other G10 Sterling pair last week, however, we now look to the charts for guidance on the week ahead.

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21 April 2017 WS Atkins Acquisition Puts the Pressure on Canadian Dollar, but Losses Against Sterling Should Fade

 

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