Mixed sentiment sees Sterling-Canadian dollar currency pair ending the session broadly flat; establishes tight 1.6787 to 1.687 range

Published: May 26 2023, 22:55 GMT+0

Mixed sentiment sees Sterling-Canadian dollar currency pair ending the session broadly flat; establishes tight 1.6787 to 1.687 range

After closing the previous trading day at 1.68, GBP/CAD rose as high as 1.687 today before paring back gains and trading at 1.681.

Sterling-Canadian dollar is now trading 1.87% away from its significant high of 1.7121 first tested 23 days ago.

A look at other currencies also shows bullish price action as GBP/JPY jumps 0.66% to trade around 173.67. GBP/NZD added 0.47% to its value, now trading at 2.0406. USD/JPY is up 0.41%.

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