A quick look at Friday: GBP/CAD closed at 1.6783 Friday after ranging between 1.6769 and 1.6769.
A look at other currencies also shows bullish price action as USD/JPY goes up 0.35% Friday and closed at 131.69. EUR/JPY added 0.22% and closed around 143.75 Friday.
Meanwhile, GBP/NZD lost 0.27% Friday and closed at 1.9917.
Furthermore, the market is looking at United Kingdom BRC Retail Sales Monitor (YoY) (Mar) scheduled to come out tomorrow at 23:01 UTC.
The currency pair has been trending positively for about a month. As things stand, Sterling-Canadian dollar is 14.4% away from a significant low of 1.4665 first set 6 months ago.