The GBP/CAD is up 0.15% this Thursday after two consecutive days of weakness. This comes as crude oil price on...
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GBPCAD
Get the right information to help you trade with our latest GBPCAD technical analysis and instant updates for the British pound Canadian dollar exchange rate. Also, use our live chart.
The GBPCAD rate depends primarily on the monetary policies of the Bank of England and the Bank of Canada. One other factor that is very critical in the GBPCAD rate are crude oil prices, the main export product of Canada. The Canadian economy is the 10th largest by nominal GDP, while the UK economy is the 6th largest and the health of the economies is an important factor that affects the value of the GBPCAD pair.
What is GBPCAD?
It is the forex pair that shows the value of the British Pound (GBP) against the Canadian Dollar (CAD).
GBPCAD shows investors how many Canadian Dollars are needed to buy one British Pound.
Related currencies: GBPCAD – GBPCHF – GBPINR – GBPJPY – GBPUSD.
2019 was a very volatile year for the pair as the British Pound was moving on the headlines around the Brexit developments. Here on Investingcube.com you can find the latest GBPCAD news and GBPCAD price analysis and outlook.
