CAD disappointed by poor employment data

GBP/CAD exchange rate was driven by movements in the Canadian Dollar linked to the rise of oil prices this morning, but CAD has since dell under pressure from disappointing employment data.
The GBP/CAD pair has been traded at CAD 1.7475, unchanged from today’s opening level. The Canadian currency has obviously relinquished its recorded gains impacted by fall of employment.
The session trading high against its peers as oil prices hiked, Wednesday, pushing the benchmark to its highest level since 2 August. The oil-sensitive currency often traces WTI crude on its route.
Upside pressure was limited slightly by forecasts that oil would not raise past USD 73.55 per barrel. Both WTI and Brent may move above their current prices, and there is limited upside for now. WTI is not expected to go much above USD 73.55 per barrel.
Into the afternoon, CAD faced further pressure as ADP Employment statistics for August fell below forecasts based on nonfarm payroll employment, derived from actual payroll data of client companies.
Statistics revealed 39.4K new jobs in Canada while the expected was around 180K. Employment rose in the service providing sector by 45.3K, but 23.6K jobs were lost in the goods sector, mainly in the construction sector.