British Pound/Canadian Dollar (GBP/CAD) Exchange Rate
GBP/CAD Pivot Points
GBP/CAD Latest Updates
A series of new economic data confirms the UK has most probably embarked on a slow path to recovery from the April lows.
Los datos económicos del Reino Unido publicados ayer sorprendieron al alza pero confirmaron el masivo impacto negativo de la pandemia del Covid-19.
UK economic data released yesterday surprised to the upside but confirmed the massive negative impact of the Covid-19 pandemic.
UK Prime Minister Boris Johnson urges patience when it comes to easing lockdown restrictions.
British Prime Minister Boris Johnson was released from the hospital yesterday after spending one week, including a few nights in intensive care, at St Thomas’ Hospital.
A global recession is now near-certain, but the UK economy is well-positioned to bridge the period to recovery with a limited increase in debt.
Following the second unscheduled interest rate cut by the US Federal Reserve on Sunday before the US futures market opened for trading,
With trade talks between the EU and the UK set to begin under time pressure to display progress by June, the British Pound is well-positioned to continue its advance.
Economic data out of the UK has been stronger than markets anticipated, adding to upside momentum in the British Pound.
Brexit was implemented, and while the UK will abide EU rules as well as regulations during the transition period,
Battle lines are being drawn by the EU and the UK, pointing to intense trade negotiations during the Brexit transition period.
A sideways trend emerged in this currency pair after the GBP/CAD descended into its support zone.
Following the sharp sell-off in the British Pound, after the announcement that an extension of the Brexit transition period past December 31st 2020 will be illegal
Yesterday’s surprise vote by two of the nine MPC voting members of the Bank of England in favor of an interest rate cut further rattled the British Pound.
The US Dollar edged lower versus the Canadian Dollar during Monday trade in Asia as investors await the upcoming NAFTA deadline.
The GBP/CAD pair had a rocky month of May, as we fell from the previous gap that was filled.
The British pound has rallied against the Canadian dollar as of late. Get the forecast for the month of April 2017 here.
The GBP/CAD pair is an interesting pair at the moment. We continue to see bearish pressure early in the day, but then will turn right back around to show bullish pressure after that.
The GBP/CAD pair fell initially during the course of the session on Thursday, but found the 1.70 level below supportive enough to turn things back around and form a bit of a hammer.
The GBP/CAD pair initially fell on Tuesday, but found enough support near the 2.08 level to turn things back around and form a hammer.