A slow down? After three days of going up, Sterling-Canadian dollar is flat today, hovering around 1.6767.

After closing the previous trading day at 1.676, GBP/CAD is up to 1.6767, which makes for a move of 0.04%/6 pips today.

United Kingdom Retail Sales data will be released today at 06:00 UTC, with an expected decline to -0.5%.

Elsewhere, other currency pairs are also gaining ground as GBP/NZD gained 0.17% and is currently trading at 2.0156.

Other currencies are showing mixed performance as EUR/JPY moves 0.08% to trade around 147.14. USD/SGD trades close to 1.3327, with no major change.

Positive indicators for Sterling-Canadian dollar are expected going forward as United Kingdom Retail Sales projected to decline to -0.5% while previous data was 1.2%; data will be released today at 06:00 UTC.

Furthermore, the market is looking at projections for Canada Core Retail Sales are set for a continuation of decline with -0.1% while previous data was 0.9%; data will be released today at 12:30 UTC.

The market is looking forward to the release of new data: United Kingdom Manufacturing PMI figure is projected at 48.5. It previously stood at 47.9; data will be released today at 08:30 UTC.

After setting a supportive marker at 1.4665 around 6 months ago, Sterling-Canadian dollar is now trading 14.29% above this level.