The Pound sharply fell from May onwards against the Canadian Dollar moslty weighed by the political uncertainty. BoE is likely to adjust the monetary policy depending on Brexit outcome. With Boris Johnson as a favourite to be next PM, no deal exit from the bloc is on the table. Canadian Dollar on the other hand gains on rising oil prices and dovish Fed. Forthcoming G-20 summit will have a strong impact on both. Pair is heading to year low with a little support in sight for a rebound. It aims for 1.6600 and below.