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.

 Live Chart

GBPCAD News

GBPCAD: Pound Shines As BoE Delivers 50 Bps Emergency Rate Cut

Forex Mar 11, 2020, 13:00 BST by Eno Eteng (MSTA)

The Bank of England (BoE) became the 4th major central bank after the Fed, RBA and BoC to deliver a rate cut. The emergency 50 bps rate cut by the BoE takes the UK interest rate to 0.25%; a move which was decided in a unanimous vote. The difference between [...]

GBPCAD Spikes As Bank of England (BoE) Delivers Hawkish Vote

Forex Jan 30, 2020, 12:37 BST by Eno Eteng (MSTA)

The GBPCAD is pushing higher, as are most other GBP pairs on the back of a surprise hawkish vote by the Bank of England’s Monetary Policy Committee. The Bank of England (BoE) was expected to leave rates unchanged at 0.75% (which they did), but market analysts were on the lookout [...]

GBPCAD Looks Heavy As Weak UK Data Fuels BoE Rate Cut Speculation

Forex Jan 13, 2020, 14:07 BST by Eno Eteng (MSTA)

The GBPCAD looks heavy as the British Pound declined against several currency majors on Monday following downbeat GDP data from the United Kingdom. UK GDP monthly data showed that the UK economy’s growth fell by 0.3% when compared to the previous month, which had shown a flat growth of 0.0%. [...]

GBP Inches Higher On Conservative Party’s Lead in New Poll

Forex Nov 21, 2019, 13:05 BST by Eno Eteng (MSTA)

The GBP is inching higher across some of its major pairings as a new UK election poll by Ipsos MORI shows that the support for the UK PM’s Conservative Party rose by three points to 44%. In the latest of a series of opinion polls that have consistently shown a [...]

Commitment of Traders (COT): CAD & USD Longs, GBP Shorts Fall

Forex Nov 18, 2019, 15:15 BST by Eno Eteng (MSTA)

The latest Commitment of Traders (COT) report for the week ended November 12 has been released by the CFTC. According to the COT report, speculators have reduced their USD longs and GBP shorts, with USD net longs down to levels not seen since July. A possible phase 1 deal is [...]

GBPCAD Plunges on Dovish BoE Vote, Rising Crude Oil Prices

Forex Nov 07, 2019, 14:07 BST by Eno Eteng (MSTA)

The GBPCAD is trading lower today on the back of diverging fundamentals affecting the component currencies. The commodity-based Canadian Dollar is benefitting from an uptick in crude oil prices, which is trading above $57 after key players signaled a possible OPEC cut. On the other hand, the British Pound is...

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