The Pound-to-Canadian Dollar exchange rate is vulnerable and could be set to slip lower over the coming days as Britain lurches toward another national lockdown at the beginning of what promises to be an action-packed and volatile U.S. election week for Sterling and the Loonie. 

The Pound-to-Canadian Dollar rate has strong support at nearby levels and with Brexit trade talks again promising so-far elusive progress, could have scope to recover further in the coming days, although much also depends on appetite for the Canadian Dollar. 

The Pound-to-Canadian Dollar exchange rate narrowly avoided a bearish close beneath its 200-week moving-average last week but the mounting threat of a 'no deal' exit from the Brexit transition period, combined with nascent Canadian outperformance, could yet see Sterling coming undone in the days ahead. 

The Pound-to-Canadian Dollar rate is loitering around its 21-day moving average pending a Brexit-inspired breakout, which could come in the latter half of this week following an eagerly-anticipated European Council summit that will see both sides take stock of progress in the trade talks thus far.

The Pound-to-Canadian Dollar rate edged higher last week as pessimism about the outcome of the Brexit process was tempered, which may continue to support Sterling and could even give it a further lift over the coming days, especially if the Loonie remains an underperformer. 

The Pound-to-Canadian Dollar rate was unchanged for the week on Friday after stepping back from the edge of an abyss but could attempt to edge higher still over the coming days amid a possibly constructive turn in trade negotiations with the EU. 

The Pound-to-Canadian Dollar rate recovered nearly half its earlier Brexit-inspired losses last week but Sterling could risk a reversal over the coming days if the government continues to threaten a new ‘lockdown’ and progress toward a Brexit trade agreement remains lacking.   

The Pound-to-Canadian Dollar rate has been left clutching for support after is heaviest losses for six months but rising ‘no deal’ Brexit risks could mean there’s little respite to be had by Sterling in the coming days, where focus will be on London and Brussels as well as a nearby support level.

The Pound-to-Canadian Dollar rate has been lifted toward the top of its August range and could attempt to retest late July highs over the coming days if the Loonie remains as soft as it was on Friday, although the risk is of a Canadian comeback that results in more range-trading for Sterling. 

The Pound-to-Canadian Dollar exchange rate suffered heavy losses at the end of an otherwise uneventful week Friday but risks becoming trapped in a tight range in the days ahead due to Sterling's tight correlation with the Loonie. 

The Pound-to-Canadian Dollar exchange rate rally stalled before Sterling handed back some of its earlier gains last week although the risk is that this move extends in what could be volatile trading over the coming day as geopolitics dominate the agenda. 

The Pound-to-Canadian Dollar rate closed its best week since March Friday and may have further to climb but increasingly the risk is that the rally is undermined, leading Sterling to hand back a substantial part of its recent gain. 

The Pound-to-Canadian Dollar rate edged higher amid a turn for the worse in market sentiment last week and it could attempt an upside breakout from its recent stiflingly narrow range in the days ahead, although the risk is of more range trading. 

The Pound-to-Canadian Dollar exchange rate has established a foothold around the midpoint of its 2020 range although a tendency toward underperformance in both Sterling and the Loonie risks encouraging a continued narrow range trade. 

The Pound-to-Canadian Dollar rate has risen for three consecutive weeks gains and could look to cement its grip on the recently recovered 1.70 handle in the coming days if  weakness in the Loonie and Sterling's indifference to an absence of progress in the Brexit negotiations persists.

The Pound-to-Canadian Dollar rate could find itself struggling on the back foot early in the new week ahead of a government spending review that will offer it an opportunity to recover from mid-week, though much about the outlook is hinged on the outcome of Friday's Brexit update.

The Pound-to-Canadian Dollar exchange rate entered the new week on the front foot Monday but will be tested over the coming days and could struggle to hold its newly recovered ground as the week draws on. 

The Pound-to-Canadian Dollar rate furthered a multi-week breakdown into a new, lower range last week as the Loonie proved more resilient to a rebound by the greenback and Sterling undeperformed, although March crisis period lows could beckon the British currency over the coming days. 

The Pound-to-Canadian Dollar rate has been left testing a key level of technical support that will be at risk over the coming days from both domestic as well as international factors, from the Bank of England (BoE) to the performance of global stock markets, which will be key to risk appetite in the wider market.

The Pound-to-Canadian Dollar rate could buckle at the knees this week after Friday's show-stopping jobs reports gave the Loonie a fresh lease of life that means Sterling now needs to run even faster than it has done in recent times, just to avert fresh declines against its Canadian counterpart.