Canadian Dollar Forecast

The Canadian Dollar can give back some recently lost ground to the Pound in the coming days.

GBP/CAD faces a significant test this week as a key technical indicator will be tested. Failure will open the door to a more pronounced pullback.

According to new research, the Pound Sterling can rise further against the Canadian Dollar in the coming days and weeks.

GBP/CAD is capped by a key technical hurdle and risks a deeper setback if the U.S. Dollar rallies ahead of the U.S. election.

The Bank of Canada will lower interest rates with two back-to-back 50 basis point interest rate cuts, which means a weaker Canadian Dollar than previously predicted.

GBP/CAD is forecast to maintain its broader uptrend in the coming days.

The Pound is prone to further short-term weakness against the Canadian Dollar in the near term.

The Pound continues its march higher against the Canadian Dollar and our Week Ahead Forecast model won't fight the trend.

The British Pound could be looking to register its strongest monthly close against the Canadian Dollar since 2018 this week.

We are seeing a solid gain for the Pound to Canadian Dollar exchange rate (GBP/CAD) at the start of a new week that brings with it a new four-year best for CAD buyers.

 USD/CAD as it sees a more resilient performance from the Canadian Dollar in the coming months by RBC.

The Pound has once again failed at a key resistance area against the Canadian Dollar, and we predict a pullback in the coming week.

The Pound is undergoing a pullback against the Canadian Dollar, which we think can extend in the coming days.

There has been some interesting price action in the Pound to Canadian Dollar exchange rate (GBP/CAD) already this week, with the pair breaking down by 0.40% on Monday.

The Pound to Canadian dollar exchange rate receded further from recent multi-year highs last week but the author’s model suggests it should remain well supported above 1.7660 over the coming days, and that it could have scope to retest the 1.78 handle in some circumstances.

GBP/CAD retains a constructive setup, but the coming week could see some of the recent moves retraced as investors account for a potential Bank of England interest rate rise on Thursday.

The Pound to Canadian Dollar exchange rate is close to three-and-a-half-year highs as the Bank of Canada looks to cut interest rates again this week.

GBP/CAD has rallied to a new three-and-a-half-year high at 1.7720, but the odds of a pullback in the coming days are high with inflation figures due either side of the Atlantic.

The corrective selloff in the Pound to Canadian Dollar exchange rate might be coming to an end, but Canadian and U.S. job figures out at the end of the week will have the final say.

The Pound has registered two consecutive weekly declines against the Canadian Dollar and could see further weakness in the coming days and weeks.