Mixed sentiment sees Sterling-Canadian dollar currency pair ending the session broadly flat; establishes tight 1.6787 to 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.

On the flip side, United Kingdom Retail Sales beat the 0.4% projections, with 0.5%.

At the same time, United Kingdom CFTC GBP speculative net positions released yesterday at 20:30 UTC with a figure of 11,600, while the previous figure was 12,600. Fresh Wholesale Sales (MoM) data from Canada came out at 1.6.

Other currencies are also rising as GBP/NZD is trading around 2.0417 after ending yesterday's session at 2.0311 (up 0.52% today). GBP/JPY added 0.64% and closed around 172.53 yesterday. Notably, EUR/JPY rose 0.43% yesterday and closed at 150.22.

Having set a peak of 1.7121 around 24 days ago, Sterling-Canadian dollar is now trading 1.87% below this level.