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The pound to Canadian dollar is breaking out from a wedge pattern which has been forming during July, and looks set to penetrate lower as the outlook for the pound remains negative.
August 5,2016
The GBP/CAD pair is correcting in the midst of a down-trend. Bank of England meeting and Canadian Trade data are seen as primary hot-spots for the pair in the coming week.
August 2,2016
The GBP/CAD pair is still ricocheting off a tight range as both currencies come under pressure from deteriorating fundamentals.
July 29,2016
The USD/CAD has just broken out of a triangle pattern and is rising, what are the possible targets to the upside?
July 28,2016
Charts indicate that coming week will probably see a decline in the GBP/CAD exchange rate.
July 28,2016
A sudden surge in demand for Canadian financial assets, especially bonds, could be a positive factor in the currency’s continued resilience.
July 21,2016
The GBP/CAD pair is consolidating in a range which will probably extend through next week until it breaks to the upside.
July 20,2016
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