A big moment in the life cycle of the pound-to-Canadian dollar exchange rate as it reaches a major resistance barrier.
Pound to Canadian dollar (GBP/CAD) upside favoured, albeit with limited scope for gains.
Canadian Dollar: Greer Ruffles Feathers
- Category: CAD
U.S. trade risks are pinging on the Canadian dollar's radar.
GBP/CAD remains trapped inside a broad multi-month range, but the recent price action suggests bullish momentum is rebuilding and the pair is attempting another move toward the top of the channel.