GBP/CAD is now in established downtrend which is forecast to continue but support zone could stall the downtrend; a break below 1.6730 should confirm extension.

August 5,2018

The Canadian Dollar rose broadly Friday as markets responded to official data showing exports from the country surging during June, bolstering expectations of a solid performance from the economy in the second quarter and raising the odds of another Bank of Canada interest rate rise before the year is out. 

August 3,2018

Citibank analysis leads it to advocate selling CAD versus the US Dollar "on retracements".

August 2,2018

The Canadian Dollar reversed earlier losses and marched higher Tuesday after official data showed economic growth picking up much faster than was expected during May, prompting some analysts to look again at thier forecasts for Bank of Canada interest rates. 

July 31,2018

GBP/CAD is in a strong downtrend but nearing a support zone and the bear trend could stall is buyers come in at the May lows. The main event for Sterling is the Bank of England meeting, for CAD it is GDP growth data

July 29,2018

The Canadian Dollar rose broadly Wednesday but fresh losses beckon over the summer months, according to analysts at Bank of America Merrill Lynch, who are arguing that an apparent exodus of investors from the country will drive the Loonie to fresh lows before the summer is out. 

July 25,2018