Analysis from a leading Canadian bank says the British Pound and Euro can extend a recent short-term advance against the Canadian Dollar, although the outlook against the Dollar is a little murkier…
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The Pound to Canadian Dollar exchange rate (GBPCAD) is looking to extend a short-term rebound in a week that will be dominated by the release of Canada's monthly labour market statistics.
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The Pound to Canadian Dollar exchange rate's recent fall has been breathtaking in scale with the pair recording a run of 12 consecutive days of decline, but a breather should now be expected accord…
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GBPCAD has entered a downtrend that can be expected to advance over the coming weeks, but the next five days could see some consolidation as the daily chart is screaming of oversold conditions.
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The Canadian Dollar leapt higher on a surprisingly strong set of inflation figures that put the market on watch for another Bank of Canada rate hike, and perhaps more significantly, a global inflat…
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The Pound to Canadian Dollar exchange rate (GBPCAD) looks set for further declines according to a new analysis from Canadian bank Scotiabank, although short-term indicators suggest the pair might b…
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GBPCAD is about to break the 200-day moving average, opening the door to a determined downtrend.
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