Lethargic Sterling-Canadian dollar fails to breach tight 1.6787 – 1.687 range

A quick look at yesterday: after finishing Thursday at 1.68, GBP/CAD went up to 1.687 before paring its losses and closing at 1.6814.

Sterling-Canadian dollar is now trading 1.87% away from its significant high of 1.7121 first tested 24 days ago.

Other currencies are also rising as GBP/NZD leaps up 0.52% yesterday and closed at 2.0311. GBP/JPY went up by 0.64% yesterday, and closed at 173.63. Notably, USD/JPY rose 0.41% yesterday and closed at 140.05.