GBP/CAD slides down from 1.6223 to 1.6197 today, losing 25 pips (0.16%).
In the meantime, negative performances are also seen in other pairs as EUR/AUD is down to 1.5468, losing 72 pips, after closing at 1.554 in the preceding trading session. EUR/CAD closed at 1.4377 (down 0.22%).
Though Sterling-Canadian dollar has been dropping, other pairs have been performing better: AUD/USD added 0.37% to its value, now trading at 0.6908.
Moreover, Canada Core Retail Sales is projected to outperform its last figure with -0.1%. It previously stood at -0.6%; data will be released tomorrow at 13:30 UTC.
Furthermore, Canada Core Consumer Prices figure is projected at 0.2%. It previously stood at -0.3%; data will be released tomorrow at 13:30 UTC. United Kingdom Manufacturing PMI figure is projected at 47.5. It previously stood at 47; data will be released tomorrow at 09:30 UTC.
The currency pair has been trending lower for about a month. Sterling-Canadian dollar is now trading 10.63% away from its significant low of 1.4665 first tested 4 months ago.