Big support zones hint at limited downside for GBPCAD, but inflation figures on either side of the Atlantic will have the final say.
Read more … →The Canadian Dollar's recent run of strength is not built on a strong economic bedrock and a dovish tilt from the Bank of Canada will put the currency under pressure during 2024.
Read more … →GBPCAD is cooling off from its strong November rally, and the risk of further downside over the coming days is elevated.
Read more … →The Bank of Canada inched closer towards a pivot in monetary policy after it welcomed a recent fall in inflation and declared the economy had reached an equilibrium in supply and demand.
Read more … →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.
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