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February 24, 2023
Currently trading at 1.6287, GBP/CAD remains range-bound between 1.6253 and 1.6326.
Other currencies are also rising as having closed the previous session at 0.9327, USD/CHF is up 0.23% today to currently trade at around 0.9348. USD/SGD is up 0.12%. EUR/AUD gained 0.17% and is currently trading at 1.5586.
Furthermore, the market is looking at Canada Wholesale Sales (MoM) is expected today at 13:30 UTC. United Kingdom CFTC GBP speculative net positions will be released today at 20:30 UTC. Canada Manufacturing Sales (MoM) scheduled to come out today at 13:30 UTC.
After setting a supportive marker at 1.4665 around 4 months ago, Sterling-Canadian dollar is now trading 11% higher.
