Sterling-Canadian dollar currency pair adds 100 pips or 0.6%

Published: March 19 2023, 09:31 GMT+0

Sterling-Canadian dollar currency pair adds 100 pips or 0.6%

Friday at a glance: GBP/CAD jumps 0.6% to close at 1.6716 Friday.

At the same time, USD/JPY drops 1.33% Friday and closed at 133.59. USD/SGD is down to 1.3397, losing 59 pips, after ending the previous session around 1.3456. EUR/NZD drops 0.75% Friday and closed at 1.7137.

The currency pair has been trending positively for about a month. Having established significant support at 1.4665 approximately 5 months ago, Sterling-Canadian dollar's share price has bounced 13.3% higher.

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