The currency pair GBPCAD is the high-volatile tool which is the best choice for the professional trading in the Forex market. For one trading session movement of this couple can block some hundreds of points. It should be noted that such behavior of the tool is closely connected with business activity between Canada and England, and also that the GDP level of these countries is one of the highest in the world.
On quotes changes of currency pair GBPCAD has impacted the most various factors that are expressed in the raised volatility of the tool and the price fluctuations in a day covering the range from 100 to 200 and more points.
Some stabilization of a currency pair rate is observed during Asian trading session when the range of fluctuations usually decreases till 30-50 points. The most active GBPCAD trading begins during the periods of the European and American trading sessions when trading floors of London and New York open and in the tool is observed a noticeable “revival”.