After three days of going down, Sterling-Canadian dollar is flat today, hovering around 1.6882

After closing at 1.6872 yesterday, GBP/CAD began today at 1.6894 with significant bullish sentiment driving GBP/CAD's price action higher. So far today, price action has drawn out a distinct 1.685 to 1.6913 range.

Meanwhile, United Kingdom Mortgage Rate (GBP) (Apr) released today at 09:30 UTC with a figure of 7.41, while the previous figure was 7.22. United Kingdom House Price Index came out at 0.1%, while a consensus of analysts was expecting 1.7%. Fresh House Price Index data from United Kingdom came out at -0.3%.

A look at other currencies also shows bullish price action as USD/SGD increases 0.23% to trade around 1.3275.

At the same time, EUR/USD is down to 1.0966, losing 42 pips, after closing at 1.1008 in the preceding trading session. After ending yesterday's session at 0.8718, EUR/GBP lost 31 pips and is trading around 0.8687.

Elsewhere, Canada Building Permits figure is projected at -2.9%. It previously stood at 8.6%; data will be released tomorrow at 12:30 UTC. United Kingdom RICS House Price Balance (Apr) will be released tomorrow at 23:01 UTC.

Having set a peak of 1.7121 around 6 days ago, Sterling-Canadian dollar is now trading 1.45% below this level.