CCY:GBPCAD

Gbp/cad Currency Pair News

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At Close: Jun 03, 2026
GBP/CAD is unfolding a down leg within a rising channel. It will probably continue lower to at least the blue 100-day Simple Moving Average (SMA) at 1.7641.
The Pound (GBP) fell against the Canadian Dollar (CAD) and the majority of its other peers on Thursday as markets responded to comments by the Bank of England's Andrew Bailey. In an interview with the
GBP/CAD is unfolding a down leg within a rising channel. It will probably continue lower to at least the blue 100-day Simple Moving Average (SMA) at 1.7641.

Analysis of GBP/CAD: Price Falls Below 1.800 Level

08:33am, Wednesday, 02'nd Oct 2024
The last time GBP/CAD remained consistently above this level was back in 2016, but it later dropped below. Since then, bulls have made two attempts to push the price above 1.800: in 2018 and again in
At the time of writing, GBP/CAD was trading at C$1.8084, marginally improved from the previous Friday's lunchtime levels. The Canadian Dollar (CAD) trended broadly sideways against the Pound (GBP) las
GBP/CAD might have reversed its short-term uptrend after testing the top of its rising channel, forming a bearish reversal candlestick pattern (orange rectangle on chart below) and then establishing a
At the time of writing, GBP/CAD was trading at C$1.7955, having fallen by approximately 0.3% in the past 24 hours. The Canadian Dollar firmed against the Pound and several other peers on Wednesday, as
GBP/CAD is threatening to reverse its uptrend after testing the upper channel line of its long-term rising channel and forming a bearish reversal candlestick pattern (orange rectangle on chart below).
GBP/CAD has temporarily broken above the upper channel line of a long-term rising channel before falling back down and closing (on Friday) near where it opened. 
At the time of writing, GBP/CAD was trading at C$1.8046, having climbed by more than a full percentage point through the course of the week. The Canadian Dollar experienced losses last week against th
GBP/CAD has rallied up to a new high for 2024 and reached the top trendline of a long-term rising channel. Although it is in a strong uptrend the top of the channel is likely to exert tough resistance
The Canadian Dollar (CAD) resisted headwinds yesterday despite a disappointing inflation release, potentially boosted by rising oil prices. Annualised inflation for the month of August was expected to
GBP/CAD is trending higher in a rising channel, however, it is close to touching the upper trendline of the channel where it is likely to meet firm resistance and will probably pull back down as a con
At the time of writing, GBP/CAD is trading at C$1.7848, having trended broadly higher in the past seven days. The Canadian Dollar retained strength in the first half of the week, trading up against se

GBPCAD Wave Analysis

09:57pm, Sunday, 15'th Sep 2024
GBPCAD currency pair today reversed down from the strong resistance level 1.7850, which stopped the previous impulse waves (i) and i in July and August respectively.
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