A move higher in Sterling dovetails with our latest suite of technical studies of the GBP/CAD charts which suggest further advances are possible.
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The Canadian Dollar stopped an advancing U.S. greenback and Pound Sterling in their tracks Friday after retail sales data for the month of June surprised strongly on the upside, although a speech b…
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Canada's Dollar ceded ground to its U.S. and British rivals Thursday after movement on the Brexit front aided Sterling and as the American bond market threw another tantrum ahead of an eagerly-awai…
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The Canadian Dollar soared against the Dollar and Brexit-battered Pound Wednesday after official data revealed a surprise surge in inflation for the month of July, which might further constrain the…
Read more … →GBP/CAD trading in a range at a major trendline and our technical studies suggest there is the possibility of further upside in short-term.
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The Pound rose against the Canadian Dollar Friday amid wagers suggesting the UK parliament may after all find a way to prevent a 'no deal' Brexit playing out in October, and analysts at Scotiabank …
Read more … →The GBP/CAD exchange rate is seen stabilising and our technical studies suggest scope for some near-term recovery.
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