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Although the Canadian dollar has received a boost from strong employment data the pound is technically looking like it may have bottomed despite continued shaky fundamentals.
October 11,2016
The GBP/CAD pair has experienced more downside on worsening Brexit fears, and the more volatile GBP counterpart is likely to continue setting the tone in the second part of the week.
October 7,2016
Downside expected to dominate as Canadian data and the outlook for oil improve, whilst impending Bank of England stimulus caps sterling.
October 4,2016
The GBP/CAD pair is in a short-term up-trend, which is expected to extend higher as Canadian economic fundamentals deteriorate.
September 30,2016
The Canadian dollar might take its cue from growth data whilst the pound remains vulnerable to sentiment and news headlines concerning the Brexit process.
September 27,2016
The USD/CAD pair is forecast to see more gains as the Bank of Canada (BOC) readies itself for a potential stimulus drive.
September 23,2016
Charts favour more upside for the pair whilst Canadian inflation data key.
September 20,2016
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Need Help? WhatsApp me.
Horizon Currency's dealing desk is here to answer any questions you have about the market.
Sam is one of our specialists and can be WhatsApped questions via this link.
