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Canadian Dollar

GBP/USD Could Recover, USD/CAD Remains Supported

GBP/USD declined heavily this past week below the 1.2250 support area. USD/CAD is climbing higher and remains well supported above the 1.3200 level. Important Takeaways for GBP/USD and USD/CAD The British Pound fell significantly after it broke the 1.2250 and 1.2200 support levels. Recently, ...

GBP/USD and USD/CAD Showing Positive Signs

GBP/USD traded higher and recently broke the 1.2500 resistance level. USD/CAD is consolidating in a broad range and it seems like it could rise in the coming sessions. Important Takeaways for GBP/USD and USD/CAD The British Pound tested the 1.2385 level and later started a fresh upward move. ...

GBP/USD and USD/CAD Showing Signs of Weakness

GBP/USD started a major decline after it failed to surpass the 1.2750 resistance area. USD/CAD is also trading in a bearish zone and it could struggled to climb above 1.3120. Important Takeaways for GBP/USD and USD/CAD The British Pound remained in a bearish zone after it settled below the ...

GBP/USD and USD/CAD: US Dollar Could Slide Further

GBP/USD started a fresh increase and traded above the 1.2700 resistance area. Conversely, USD/CAD declined heavily and broke the 1.3200 support area to enter a bearish zone. Important Takeaways for GBP/USD and USD/CAD The British Pound started a solid upward move once it broke the 1.2600 ...

GBP/USD gained pace this past week and recovered above the 1.2700 resistance. USD/CAD declined steadily below 1.3300, signaling short term US Dollar weakness. Important Takeaways for GBP/USD and USD/CAD The British Pound started a decent recovery and recovered above 1.2700 and 1.2720. There is ...

GBP/USD is slowly recovering and it is currently trading above 1.2680. USD/CAD is likely to resume its upward move above the 1.3550 and 1.3580 resistance levels. Important Takeaways for GBP/USD and USD/CAD The British Pound declined close to the 1.2600 area and recently started an upside ...

GBP/USD declined recently below the 1.3080 and 1.3050 support levels. USD/CAD tested the 1.3380 level and recently started a fresh increase above the 1.3410 level. Important Takeaways for GBP/USD and USD/CAD The British Pound declined heavily and even spiked below the 1.3000 support area. There ...

GBP/USD declined close to 1.2860 and recently started an upside correction. USD/CAD climbed towards the 1.3500 level and it is currently correcting lower. Important Takeaways for GBP/USD and USD/CAD The British Pound declined heavily and tested the 1.2850-1.2860 support area. There is an ...

GBP/USD recently recovered, but struggled to clear the 1.3125-1.3130 resistance area. USD/CAD declined recently and it may continue to move down towards the 1.3285 support. Important Takeaways for GBP/USD and USD/CAD The British Pound faced a strong resistance on a few occasions near the 1.3130 ...

GBP/USD declined sharply below the 1.3165 and 1.3085 support levels. USD/CAD also declined recently and broke the key 1.3400 support level to move into a bearish zone. Important Takeaways for GBP/USD and USD/CAD The British Pound failed to clear the 1.3260 resistance and later declined below ...