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The Canadian Dollar is likely to rise versus the pound after Wednesday’s OPEC meeting when the oil exporting cartel will probably seal a supply deal.
November 29,2016
GBP/CAD is likely to be driven by whether oil producers agree a supply cap at their meeting on Wednesday.
November 28,2016
The Pound to Canadian Dollar is leaning on support from a major trendline after pulling back from its 1.7100 highs. Will the Exchange hold and recover; or will it break down?
November 24,2016
The intact uptrend and bearish outlook, particularly for the Canadian Dollar, favours a recovery over the coming five days, although technicals are weakening.
November 21,2016
After rallying strongly GBP/CAD has pulled back to the 50-Day Moving Average, as it regroups and consolidates.
November 18,2016
Inflation data in the UK and Canada are likely to be the main drivers of the currencies this week.
November 15,2016
The Pound to Canadian Dollar looks to extend recent gains but we are wary of anything to do with CAD this week owing to the US presidential election.
November 8,2016
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