Fri, 28 Feb 2014 09:00:27 GMT
GBP/CAD 1H Chart: Channel Up
A stab to a five-year high of 1.8671 unexpectedly failed to result in a massive sell-off of GBP/CAD. The pair indeed retreated slightly from the peak but shortly after the British Pound started a new winning streak against the Canadian Dollar.
At the moment, the pair is vacillating close to the upper trend-line of the channel up pattern, within which