The Pound to Canadian Dollar exchange rate has remained buoyant above its early April lows near the round number of 1.63 and could have scope to test or probe above the 1.65 handle this week if USD/CAD rebounds further from last Wednesday’s losses over the coming days.

The Pound to Canadian Dollar exchange rate may be in the process of bottoming out and would be likely to make a further attempt at a corrective recovery this week if the Bank of Canada (BoC) leaves a ‘hawkish’ market hanging by raising its interest rate at the same steady pace as before.

The Pound to Canadian Dollar rate slipped back toward its lowest since October 2019 early in the new week and could remain suppressed near to the  round number of 1.63 handle over the coming days, with Sterling likely losing upward momentum on any approach of 1.65.

The Pound-to-Canadian Dollar rate was near the top of its recent range on Tuesday but would struggle to extend above it ahead of Canada's latest employment report due out on Friday, which could impact market expectations for this month's Bank of Canada (BoC) monetary policy decision.

The Pound-to-Canadian Dollar exchange rate recovered off three-month lows to rise above its breakeven point for 2021 on Monday but with the Loonie poised to enjoy its own period of outperformance in the coming weeks, GBP/CAD upside may be limited over the coming days.  

The Pound-to-Canadian Dollar rate was on its front foot early in the new week amid weakness in 'high beta' currencies but it could meet resistance at nearby levels and would be at risk of slipping back to early January lows over the coming days and weeks if the Loonie resumes its outperformance. 

The Pound-to-Canadian Dollar rate has edged above the middle of its likely short-term range ahead of Wednesday's Bank of Canada (BoC) policy decision but would still have significant upside ahead of it if Natwest Markets is right to remain bullish on an outperforming Pound Sterling for the weeks ahead.

The Pound-to-Canadian Dollar exchange rate is supported at nearby levels and could reach one-year highs in the coming weeks amid a brightening domestic backdrop in the UK, although a Tuesday speech from Bank of Canada (BoC) Governor Tiff Macklem will be an important influence on GBP/CAD this week. 

The Pound-to-Canadian Dollar rate was on its front foot on Monday but could have scope to achieve six-month highs near to 1.78 this week if Sterling's nascent outperformance and a broader uplift of European currencies continues while the Loonie remains a laggard.

The Pound-to-Canadian Dollar rate overcame multiple technical impediments on the charts last week as Sterling took the lead among major currencies for 2021, which has opened the door to a higher range that could ultimately see GBP/CAD testing 1.77 for the first time since March 2020 in the coming days. 

The Pound-to-Canadian Dollar rate rallied last week and was one of the better performing Sterling exchange rates but it could struggle to extend much beyond the 1.74 level over the coming days and may be most likely to range-trade between there and the 1.73 handle. 

The Pound-to-Canadian Dollar exchange rate turned away from near a year-long high last week and could be set to trade within a narrower and lower range over the coming days as a rally in U.S. government bond yields asks uncomfortable questions of investors in stock and commodity markets.

The Pound-to-Canadian Dollar exchange rate is back in the upper half of its six-month range and could reclaim the 1.75 handle this week as parliament lightens Sterling's load by giving the nod to Britain's Brexit trade deal, while uncertain risk appetite and holiday market conditions keep the Canadian Dollar in check.  

The Pound-Canadian Dollar rate clung to a handsome gain last week even after unravelling on Friday, but it now faces a return trip back toward December's lows as the Brexit talks go to the wire and the economy is ravaged by a new and more contagious variant of the coronavirus. 

The Pound-to-Canadian Dollar exchange rate is poised to recover over the coming days from punishing losses that pushed it back to September lows last week, but it faces choppy trading conditions and a potential roadblock at 1.7050 unless and until a Brexit trade agreement is reached. 

The Pound-to-Canadian Dollar exchange rate suffered a setback last week when Sterling was outperformed by a resurgent Loonie that has crimped the British currency's recovery prospects, although it faces further imminent declines this week owing to the renewed threat of a 'no deal' Brexit.

The Pound-to-Canadian Dollr rate unravelled to close lower for the period late last week but could be due a turnaround and recovery in the coming days as the Loonie contends with a variety of headwinds and the Brexit saga nears at least a temporary resolution. 

The Pound-to-Canadian Dollar exchange rate enters the new week near three-month highs but at risk of declines as investors digest the latest coronavirus developments in the UK, while the ongoing Brexit talks and trajectory of stock markets will be key influences over the subsequent days.

The Pound-to-Canadian Dollar rate ended the week near early September highs Friday after having swung back into the black for 2020, but is at risk of falling back toward the bottom of its range this week as the Brexit trade talks go down to the wire.

The Pound-to-Canadian Dollar exchange rate tumbled last week but with an incoming Democractic Party administration blighting Brexit Britain's trade prospects, as talks with European Union continue without progress, Sterling may be in line for further losses this week.