22 August 2023 GBP/CAD Upside Constrained as Correction Risk Rises

The Pound to Canadian Dollar exchange rate was struggling for momentum near one-month highs early in the new week after an eight percent rally from February lows appeared to stall just above 1.73 …

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15 August 2023 GBP/CAD Rate at August High after Mixed Inflation Report

The Pound to Canadian Dollar exchange rate reached August highs after July inflation figures stoked further uncertainty about the outlook for the Bank of Canada (BoC) cash rate and as a softer U.S.…

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08 August 2023 Buoyant Pound to Canadian Rate Susceptible to Corrective Setbacks 

  The Pound to Canadian Dollar exchange rate climbed back to within arm’s reach of 2023 highs early in the new week but while it could remain buoyant in the short-term there is also a risk of c…

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04 August 2023 Canadian Dollar Lower on Canada's Job Data Undershoot

The Pound to Canadian Dollar exchange rate (GBPCAD) rose on news Canada shed jobs in July, but the upside will prove potentially limited due to a bumper increase in wage settlements.

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01 August 2023 Canadian Dollar's Prospects Improving says Macrohive

A shift in commodity market dynamics and "less pessimistic" sentiment amongst key investors leads analysts at Macro Hive to say the Canadian Dollar's prospects are turning more constructive.

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31 July 2023 GBP/CAD Week Ahead Forecast: Losses to 1.69 or Below 

The Pound to Canadian Dollar exchange rate entered the new week on the back foot near a major level of technical resistance on the charts and was attracting sellers ahead of the latest Bank of Engl…

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27 July 2023 Canadian Dollar Suffers Fed Setback

The Canadian Dollar's July rally against the likes of the Pound and Euro has suffered a setback and is at risk of reversing in the wake of the July Federal Reserve interest rate hike and guidance u…

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