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.
September 16,2024
USD/CAD as it sees a more resilient performance from the Canadian Dollar in the coming months by RBC.
September 13,2024
The Pound has once again failed at a key resistance area against the Canadian Dollar, and we predict a pullback in the coming week.
September 9,2024
The Pound is undergoing a pullback against the Canadian Dollar, which we think can extend in the coming days.
September 2,2024
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.
August 27,2024
The Pound to Canadian Dollar exchange rate has recovered further from its early August lows in recent trade and could have scope to test the 1.7750 level in the week ahead, according to the author’s model.
August 20,2024
The Pound to Canadian dollar exchange rate has consolidated its second quarter gains but it remains biased to the upside and the author’s model suggests it could trade buoyantly in a 1.7429 to 1.7550 range this week.
August 12,2024
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.
July 29,2024
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.
July 22,2024
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.
July 15,2024
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.
July 1,2024
The Pound has registered two consecutive weekly declines against the Canadian Dollar and could see further weakness in the coming days and weeks.
June 24,2024
The scale of the Pound's fall against the Canadian Dollar last Friday was significant and we wonder if it has dented what was one of global FX's best-defined uptrends.
June 17,2024
Momentum remains firmly in favour of further GBP/CAD strength, but the odds of a correction from overbought conditions are increasing.
June 10,2024
GBP/CAD has had a strong run of late, but last week we saw some selling pressure mount amidst a correction from overbought conditions.
June 3,2024
The Canadian Dollar has endured a widespread selloff against many of its G10 peers in recent days amidst heightened expectations that the Bank of Canada will cut interest rates next month, but selling pressure can ease this week.
May 28,2024
The Canadian Dollar forecast for the week ahead shows better prospects for advance against the U.S. Dollar but vulnerabilities against the Pound and Euro.
May 20,2024
The Pound and Canadian Dollars find themselves in similar positions: both currencies have been weighed down of late by the suspicion their respective central banks are going to cut interest rates in June.
May 13,2024
National Bank of Canada says the Canadian Dollar's trend of depreciation is likely to continue owing to economic weakness in Canada, the prospect of lower interest rates and a "CAD-unfriendly" federal budget.
May 10,2024
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