The Bank of England is reporting lower inflation and is now sitting at 2% whilst Canada's inflation is still rising. Over the medium to long term, the GBP will outperform the CAD. For now expect a retracement before continuing the uptrend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.