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.
May 17,2017
Until the end of last week, the Canadian dollar was the worst performing major currency of 2017.
May 15,2017
GBP/CAD has been forming what could be a ‘rounding top’ pattern and is now gently rolling over.
May 15,2017
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.
May 12,2017
The Pound may be peaking versus the Canadian Dollar as the exchange rate stalls for the fourth straight day
May 10,2017
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.
May 9,2017
One of Canada’s leading foreign exchange technicians tells us the Pound to Canadian Dollar exchange rate (GBP/CAD) remains in a technical uptrend and any weakness should be limited.
May 3,2017
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