The GBPCAD is trading lower today on the back of diverging fundamentals affecting the component currencies. The commodity-based Canadian Dollar...
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.
The latest Commitment of Traders (COT) report for the week ended November 12 has been released by the CFTC. According...
The GBP is inching higher across some of its major pairings as a new UK election poll by Ipsos MORI...
The GBPCAD looks heavy as the British Pound declined against several currency majors on Monday following downbeat GDP data from...
The GBPCAD is pushing higher, as are most other GBP pairs on the back of a surprise hawkish vote by...
The Bank of England (BoE) became the 4th major central bank after the Fed, RBA and BoC to deliver a...
The GBPCAD is weaker on the day by 0.21% as the market pauses ahead of three speeches by Bank of...
The GBPCAD was 0.3% lower on the day after the Bank of Canada (BoC) held interest rates at the 0.25%...
The GBPCAD was moving higher into a recent range after finding buyers at the 1.6800 level. The pound was moving...
GBPCAD is testing resistance near the 1.7300 level and the BoE’s Andy Haldane has boosted the pair by ruling out...