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Downside expected to dominate as Canadian data and the outlook for oil improve, whilst impending Bank of England stimulus caps sterling.
October 4,2016
The GBP/CAD pair is in a short-term up-trend, which is expected to extend higher as Canadian economic fundamentals deteriorate.
September 30,2016
The Canadian dollar might take its cue from growth data whilst the pound remains vulnerable to sentiment and news headlines concerning the Brexit process.
September 27,2016
The USD/CAD pair is forecast to see more gains as the Bank of Canada (BOC) readies itself for a potential stimulus drive.
September 23,2016
Charts favour more upside for the pair whilst Canadian inflation data key.
September 20,2016
Break above 1.7550 seen as key to determining outlook for GBP/CAD.
September 13,2016
The pair has been ‘rejected’ by tough resistance in 1.74s and sterling’s rally – which was looking so constructive - now seems like it might be reversing altogether.
September 9,2016
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