GBP to CAD exchange rate forecast

Break above 1.7550 seen as key to determining outlook for GBP/CAD.

September 13,2016

canadian dollar 3

The pair has been ‘rejected’ by tough resistance in 1.74s and sterling’s rally – which was looking so constructive -  now seems like it might be reversing altogether.

September 9,2016

canadian dollar 2

The pound to Canadian dollar has reached a tipping point, with the possibility of the trend reversing higher.

September 5,2016

canadian dollar 1

The Canadian dollar appears to be losing its strong correlation with oil after the recent rise in the commodity was not reflected in a similar move up in the currency.

September 1,2016

canadian dollar toronto skyline

A bullish weekly chart and deteriorating Canadian economic fundamentals are supporting the outlook for the pair.

August 29,2016

canadian dollar 2

The GBP/CAD pair has broken above a key level leading to a more bullish analysis.

August 27,2016

canadian dollar 4

The weekly chart of USD/CAD looks vulnerable to further downside despite fundamentals signalling that the pair may be undervalued.

August 24,2016

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