Sterling-Canadian dollar gains 0.6% within 1.6716 to 1.6716 daily range

A quick look at Friday: GBP/CAD rose 100 pips to close at 1.6716 Friday which makes for a move of 0.6%.

While Sterling-Canadian dollar is up today, these currencies are lagging behind: USD/JPY falls 1.33% Friday and closed at 133.59. USD/SGD lost 0.44% Friday and closed at 1.3456. EUR/NZD lost 0.75% Friday and closed at 1.7137.

The currency pair has been trending positively for about a month. As things stand, Sterling-Canadian dollar is 13.3% away from a significant low of 1.4665 first set 5 months ago.