The GBP/CAD pair has broken above a key level leading to a more bullish analysis.
August 27,2016
The weekly chart of USD/CAD looks vulnerable to further downside despite fundamentals signalling that the pair may be undervalued.
August 24,2016
The outlook for the GBP/CAD pair in the week ahead, including technical, fundamental, data releases and analysts’ forecasts and views.
August 23,2016
Sterling showed remarkable resilience versus the Canadian dollar on Thursday despite the latter gaining support from a rally in crude oil, and data still showing a trade surplus in foreign portfolio flows.
August 19,2016
The charts are showing a continued breakdown in the GBP/CAD pair as negative commentary and lacklustre data appear to be casting a shadow over sterling, whilst a stabilization in the price of oil and continued investor appetite for high yielding commodity currencies is helping the Canadian dollar stay strong.
August 12,2016
The GBP/CAD pair broke lower after the Bank of England (BOE) decided to cut rates and boosted QE at their August meeting, however, gains were offset by the release of poor payrolls data from Canada, which hit the Canadian dollar on Friday. Overall more downside it expected in the short-term.
August 10,2016
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