CCY:GBPCAD

Gbp/cad Currency Pair News

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$1.89
+0.0026 (+0.139%)
At Close: Jul 31, 2026
The Pound Canadian Dollar (GBP/CAD) exchange rate fluctuated last week following the Bank of England (BoE)'s latest interest rate decision. The Pound (GBP) started the week on a strong note against it
The Pound gained momentum as UK average earnings exceeded forecasts, reducing the likelihood of an interest rate cut by the Bank of England. Meanwhile, the Canadian Dollar weakened as inflation fell s
The Pound (GBP) began the week trading flat against most of its peers as an absence of UK data releases left the currency largely directionless. On Tuesday, with another sparse data calendar, GBP exch
At the time of writing GBP/CAD traded at around CA$1.8022, up roughly 0.7% from Friday's opening rate. The Pound (GBP) started the week slightly weakened by the release of the UK's latest manufacturin
The Pound (GBP) wavered higher at the start of the week, with some hawkish comments from Bank of England (BoE) Deputy Governor Clare Lombardelli lending Sterling support. Lombardelli said it was ‘to
The Pound Canadian Dollar (GBP/CAD) exchange rate strengthened on Tuesday as markets reacted to Trumps proposed tariff plans. The Canadian Dollar (CAD) struggled to garner investor attention on Tuesda
The Pound Canadian Dollar (GBP/CAD) exchange rate saw a modest increase on Monday despite a lack of economic drivers, as the currency pairing was supported by a risk-on market mood. At the time of wri
At the time of writing GBP/CAD traded at around CA$1.7518, roughly down 0.4% from Friday's opening rate. The Pound (GBP) kicked off the week on a slippery slope, losing ground against most of its coun

GBPCAD Wave Analysis

09:53pm, Thursday, 21'st Nov 2024
GBPCAD currency pair today broke the support zone between the support level 1.7700 (which reversed the price in August and September) and the 38.2% Fibonacci correction of the upward price move from A
GBP/CAD is extending its decline after breaking out of a bearish Rising Wedge pattern. 
The Pound to Canadian Dollar (GBP/CAD) exchange rate was met by sharp losses on Tuesday, following the publication of Canada's latest inflation figures. The Canadian Dollar (CAD) appreciated on Tuesda
The Pound Canadian Dollar exchange rate (GBP/CAD) fell to a two-month low last week as US politics and UK economic data concerned GBP investors. UK economic worries weighed heavily on the Pound (GBP)
GBP/CAD has broken out of a bearish Rising Wedge pattern and started to decline. Although it is pulling back at the moment, it is expected to eventually continue falling towards the pattern's downside
At the time of writing the GBP/CAD exchange rate traded at CA$1.7874. Down roughly 0.3% from Tuesday's opening levels.
GBP/CAD is breaking decisively out of a Rising Wedge pattern and declining quite quickly. 
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