GBP / CAD

Methodology: This Forex seasonal is synthesised from two underlying CME futures seasonal datasets. The GBPCAD directional bias is derived by combining the British Pound CME futures seasonal tendency (direct — GBP is the base currency) with the inverse of the Canadian Dollar CME futures seasonal tendency (CAD is the quote currency — inverted, since CAD strength means fewer CAD per unit of GBP). Conviction is highest when both components align — April resolves into the calendar's cleanest double-alignment short and October-November form the longest sustained double-alignment long stretch — while July sees CAD's single highest-conviction recovery of its year overwhelm GBP outright. September stands as the defining collision of the calendar: GBP's clear secondary-trough decline collides head-on with CAD's single highest-conviction reversal of its entire year.