GBP/CAD is faltering at the start of the new trading week as UK growth remains in doubt and this increasingly contrasts with an outlook which suggests Canada still has untapped potential.

The Pound continues to lose ground versus the Canadian Dollar as risks of a North Atlantic trade debacle subside.

The Pound has steadily lost value against the Canadian Dollar since our last forecast; at the start of the week it could buy 1.8221 Canadian Dollars, which fell to only 1.8072 at Friday's close.

The Pound-to-Canadian Dollar rate is rising in a strong bullish trend which is overall likely to extend in the future.

GBP/CAD is surging higher at the start of the new week and is forecast to continue.

GBP/CAD looks vulnerable to a bearish reversal after the US exempts Canadian steel from punitive tariffs.

A high-probability continuation pattern signals bias to expecting more upside in the week to come.

 After breaking higher GBP/CAD inches closer to key May highs at 1.7840.

More upside is expected from GBP/CAD as a persuasive chart pattern looks to be forming which heralds more upside for the pair.

The established uptrend is expected to continue into the 1.78s.

The Pound's strong uptrend against the Canadian Dollar is forecast to extend in the week ahead.

The short-term uptrend is likely to reach the December 1 highs eventually.

The Bank of Canada will this week meet to decide whether to increase interest rates and may help provide some much-needed clarity on the future direction of the GBP/CAD exchange rate.

The Australian Dollar may rise if the RBA gives the economy a thumbs up at its latest meeting while, for Sterling, the charts are already waving red flags.

The Canadian Dollar could be propelled higher this week as growth and inflation data hit the market, while Brexit politics dominates the Pound. The charts are mixed.

The Canadian Dollar will mainly be impacted by the Canadian Central Bank meeting in the week ahead, whilst the Pound will take its cue from the politics of Brexit; the charts are signalling a turnaround.

The Canadian Dollar will probably take its cue from GDP and labour market data in the coming week, whilst The Pound will move according to Brexit negotiations - the charts remain marginally bullish.

The highlights of the week ahead are the conclusion of trade talks between the US and Canada and the UK Autumn Budget, whilst the charts are showing a tentative uptrend advancing higher.

The Pound-to-Canadian Dollar has corrected back recently but analysts think this may just be a temporary pull-back before the pair resumes its short-term uptrend.

The Pound-to-Canadian Dollar is presenting with a mixed chart and a thin week of economic events - however, potential for CAD weakness keeps bullish hopes alive.