Bullish sentiment helps propel Sterling-Canadian dollar to 0.6% gain

Yesterday at a glance: GBP/CAD leaps up 0.6% to close at 1.6716 yesterday.

Other currencies are also rising as NZD/USD went up by 1.24% yesterday, and closed at 0.6271.

While Sterling-Canadian dollar is up today, these currencies are lagging behind: USD/JPY lost 1.33% yesterday and closed at 133.59. After ending yesterday's session at 1.3456, USD/SGD lost 59 pips and is trading around 1.3397.

The currency pair has been trending positively for about a month. As things stand, Sterling-Canadian dollar is 13.3% away from a significant low of 1.4665 first set 5 months ago.