Mixed sentiment sees Sterling-Canadian dollar currency pair ending the session broadly flat; establishes tight 1.6584 to 1.6633 range

Published: January 26 2023, 07:21 GMT+0

Mixed sentiment sees Sterling-Canadian dollar currency pair ending the session broadly flat; establishes tight 1.6584 to 1.6633 range

Marginally higher but lacking a clear-cut direction, GBP/CAD is trading at 1.6604 after ranging between 1.6584 and 1.6633 today.

Having set a significant low of 1.4665 4 months ago, Sterling-Canadian dollar is trading 13.13% higher.

A look at other currencies also shows bullish price action as USD/CAD improves 0.2% to trade around 1.3405. EUR/JPY gained 0.12% and is now trading at 141.53.

Meanwhile, GBP/USD is trading around 1.239 (down 12 pips).

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