British Pound trades positive at the start of the BoE’s policy week

The British Pound (GBP) is up against a majority of its currency peers, trading 0.3% higher to near 1.3430 vs. the US Dollar (USD) at the start of the week. The British currency trades higher, while investors keenly await the Bank of England’s (BoE) monetary policy announcement on Thursday.
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Canadian Dollar sits near September 16 highs as weaker USD offsets declining oil prices

The USD/CAD pair struggles to capitalize on a modest intraday uptick and trades around the 1.3965 area during the early European session amid a combination of diverging forces.
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