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A broad-based bullish reversal appears to be taking place on the GBP/CAD pair.
February 9,2017
With much uncertainty plaguing the Pound and the Canadian Dollar potentially supported by what is expected to be strong employment and trade data in the coming week, the pair is marginally exposed to downside risks even though the technical indications are still slightly bullish.
February 5,2017
The GBP/CAD exchange rate is showing a bullish flag shaped pattern which forecasts substantially higher rates, and a target in the vicinity of 1.71.
February 2,2017
Analysts at Morgan Stanley expect the Canadian Dollar to weaken because markets are not adequately pricing in risks associated with Trade and the outlook for the economy.
January 31,2017
Analysts at CIBC Capital Markets in Toronto have told clients they predict the Canadian Dollar should trade with a negative bias in 2017.
January 27,2017
The Pound is tipped to extend recent strength against the Canadian Dollar by a leading foreign exchange technical analyst.
January 27,2017
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