Bullish sentiment helps propel Sterling-Canadian dollar to 0.72% gain

Friday at a glance: GBP/CAD rose 120 pips to close at 1.6736 Friday which makes for a move of 0.72%.

Elsewhere, other currency pairs are also gaining ground as notably, NZD/USD rose 1.64% Friday and closed at 0.6194.

While Sterling-Canadian dollar is up today, these currencies are lagging behind: EUR/NZD lost 0.93% Friday and closed at 1.7137. USD/JPY falls 1.08% Friday and closed at 133.59.

The currency pair has been trending positively for about a month. Having set a significant low of 1.4665 5 months ago, Sterling-Canadian dollar is trading 13.3% higher.