27 March 2023 GBP/CAD Week Ahead Forecast: 1.6768 to 1.6849 Range

The Pound to Canadian Dollar exchange rate remains close to one-year highs but with resistance immediately overhead on the charts the risk is of it being confined to roughly a 1.6768 to 1.6849 rang…

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24 March 2023 GBP/CAD Rate Struggles for Momentum Near One Year High

The Pound to Canadian Dollar exchange rate appeared to lose momentum around one-year highs against a risk-averse global market backdrop ahead of the weekend but could be likely to remain above 1.67…

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21 March 2023 Canadian Dollar Bought for Sterling at RBC with Fed and Bank Stocks Cited

The Canadian Dollar rose against a softer Pound on Tuesday but RBC Capital Market says it could push GBP/CAD back to early February lows if the Federal Reserve (Fed) revives the U.S. Dollar this We…

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20 March 2023 GBP/CAD: Breaking Higher on Charts

The Pound to Canadian Dollar exchange rate has eroded an important technical resistance on the charts to reach three-month highs early in the new week but could rise further up ahead if the Bank of…

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15 March 2023 Canadian Dollar Resilience Sees GBP/CAD Testing Support Near 1.66 on Charts

The Pound to Canadian Dollar exchange rate's month-long rally appeared to be stalling in midweek trade when a rebounding U.S. Dollar and resilient Loonie led GBP/CAD to test an emerging technical s…

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13 March 2023 GBP/CAD Dollar Week Ahead Forecast: Risk of Data Curbing Rally 

The Pound to Canadian Dollar exchange rate entered the new week near the new year high but could find its multi-week rally cut short if UK economic data or the government budget lead market expecta…

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10 March 2023 GBP/CAD Tests Month Highs as Sterling Rallies and Loonie Lags

The Pound to Canadian Dollar exchange rate reached a one-month high ahead of the weekend after a respectable February employment report from Canada was unable to stall a rally in Sterling that was …

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