GBPCAD upward channel still intact, USDCAD tipped lower by Commonwealth Bank.
Read more … →GBPCAD could hit 2023 peak soon, but could struggle to extend beyond. USDCAD still pointed lower.
Read more … →GBPCAD has cemented itself above the 1.71 area, and a new analysis from one of Canada's most recognisable banks says the uptrend should be favoured to extend.
Read more … →The Canadian Dollar extended a streak of underperformance following the release of inflation data which underscored market expectations that the next move at the Bank of Canada will be a rate cut.
Read more … →Any rebound in oil prices combined with an upside surprise in Canadian inflation data could offer the Canadian Dollar some support against the Pound and U.S. Dollar over the coming days.
Read more … →GBPCAD is in a near-term uptrend that can continue to extend, provided this week's inflation data out of the UK and U.S. don't throw up significant surprises.
Read more … →The Pound to Canadian Dollar exchange rate (GBPCAD) has been trending higher since late September and technical studies suggest progress can continue until the 1.70/1.71 area.
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