GBP/CAD - Results from #40

28 June 2017 Poloz Boosts Canadian Dollar with Rate Rise Comments

The Pound to Canadian Dollar fell over half a percent on Wednesday to 1.6820 after the governor of the Bank of Canada (BOC) said the Bank’s hitherto low interest rates had “done their job” and the …

25 June 2017 Canadian Dollar Forecast to Maintain Advantage Against the Pound this Week

The Pound rose against the Canadian Dollar (Loonie) at the end of last week reversing the downtrend temporarily but the overall trend remains bearish as we look ahead to the new trading week.

23 June 2017 Canadian Dollar Dips Against Pound on Inflation Disappointment

The Pound rose against the Canadian Dollar (Loonie) at the end of the week after the release of disappointing inflation data weighed on hopes the Bank of Canada (BOC) would start raising interest r…

21 June 2017 Pound v Canadian Dollar Rate Enters New Downtrend

The collapse in the price of crude oil has weakened the Canadian Dollar against many currencies, but not against the Pound which is even weaker.

18 June 2017 Pound to Stay Under Pressure v Canadian Dollar Suggest Technical Studies

The Canadian Dollar is benefiting from a positive assessment from the Bank of Canada, and assuming data continues to be positive in the week ahead will probably have the upper hand over politically…

14 June 2017 The Pound to Canadian Dollar Bearishly Consolidating into Weekend

The Pound to Canadian Dollar has declined steeply from highs of 1.78 in May to the current level in the 1.68s, however, now it has paused to consolidate before its next move.

13 June 2017 Canadian Dollar Betters the Pound as Central Bank Shifts Gear

Despite making gains across the board, the British Pound has struggled against the Canadian Dollar which was boosted by a shift in tone at the Bank of Canada.

11 June 2017 Pound to Canadian Dollar: Forecast for Coming Week

The Pound to Canadian Dollar sold off steeply after an inconclusive election result weighed on the Pound.

09 June 2017 Pound to Canadian Dollar Falls 2.3% after UK Election

The Pound to Canadian Dollar fell over 2.3% overnight after the UK election returned a politically unstable hung parliament.

04 June 2017 Pound to Canadian Dollar Rate: Forecast for the Coming Week

The balance of risks favour more upside for GBP/CAD as the falling price of oil weighs on CAD, and the UK elections on Thursday favour a conservative win.

30 May 2017 Pound / Canadian Dollar Rate a "Sell Overall"

Sterling is clawing back gains against the Canadian Dollar after the pair bottomed at 1.7190 before the weekend.

28 May 2017 5-Day Forecast: Pound to Canadian Dollar

The Canadian Dollar could well undergo volatile swings in the week ahead as the standout event on the calendar is likely to be the meeting of the Oil Cartel OPEC on Thursday, June 1.

24 May 2017 Canadian Dollar Outperforms after Optimistic Central Bank Statement

The Canadian Dollar has strengthened following the release of an optimistic Bank of Canada (BOC) rate meeting statement.

17 May 2017 Pound to Canadian Dollar X-Rate Seen Peaking

There is a growing consensus amongst analysts, as we reach the middle of the week that the Pound to Canadian Dollar has peaked and is likely to continue selling off.

14 May 2017 Outlook for Pound to Canadian Dollar Rate Over the Next Five Days

GBP/CAD has been forming what could be a ‘rounding top’ pattern and is now gently rolling over.

12 May 2017 Pound to Canadian Dollar at Risk of Rolling Over

The Pound to Canadian Dollar has formed a gently cambering top which is often the harbinger of doom for a pair, according to analysis from Scotiabank’s Shaun Osborne.

10 May 2017 Has the Pound to Canadian Dollar Peaked Just Below 1.8000?

The Pound may be peaking versus the Canadian Dollar as the exchange rate stalls for the fourth straight day

08 May 2017 GBP/CAD Forecast for the Next Five Days: Strong Momentum, but Could be Nearing Overbought Conditions

As we start the new trading week GBP/CAD is in a very strong uptrend, which, however, is showing signs of getting a little overbought.

01 May 2017 Canadian Dollar's April Showers Could Lead to May Flowers

Recent weakness in CAD might be overdone thinks Avery Shenfield, an analyst at CIBC Capital Markets.

30 April 2017 Pound to Canadian Dollar Rate: Upside Momentum Forecast to Remain Strong

GBP/CAD has climbed to new highs of 1.7680 and is expected to continue rising in the absence of any bearish signs.