GBP/CAD Pricing Forecast: GBP Hits Six-Week High on BoE Optimism
The upcoming week is critical, featuring the latest consumer price indexes from both Canada and the UK. Analysts expect Canada’s CPI on Tuesday to show a slight increase in inflation, rising from 1.9% to 2%. This data could significantly influence GBP/CAD pricing. Last week, the Pound reached a six-week high due to optimism surrounding the Bank of England’s policies. Stay alert as these economic reports unfold and impact the market landscape.