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GBPCAD Rate Today - Live Price Feeds & Historical Data

The GBP to CAD is a combination of the pound sterling, which is considered the most expensive currency in the world, and the Canadian dollar, the eighth most popular among traders. The pound against the Canadian dollar today is the fourth of the six most traded currency pairs in the Forex market.

 

GBPCAD
1.67307

Previous Close: 1.67307

Open: 1.6635

High: 1.67704

Low: 1.66306

Buy

1.67307

Sell

1.67363

Other Forex Instruments
87.627
Sell
87.663
Buy
0.64161
Sell
0.64179
Buy
0.67966
Sell
0.67978
Buy
0.98431
Sell
0.98453
Buy
1.14555
Sell
1.14597
Buy
1.64124
Sell
1.64196
Buy
1.05335
Sell
1.05344
Buy
167.436
Sell
167.478
Buy
1.22598
Sell
1.22613
Buy
0.85908
Sell
0.85924
Buy
0.93439
Sell
0.93455
Buy
1.05908
Sell
1.05943
Buy
1.54933
Sell
1.55019
Buy

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Crypto Pairs Live Prices
109.7
Sell
Buy
75.99
Sell
Buy
7.01
Sell
Buy
0.458
Sell
Buy
1257.55
Sell
Buy
17075.16
Sell
Buy
1.0255
Sell
Buy
Commodities Pairs Live Prices
1795.76
Sell
Buy
732.5
Sell
Buy
6.3075
Sell
Buy
2.0561
Sell
Buy
643.58
Sell
Buy
3.853
Sell
Buy
76.61
Sell
Buy

What is the exchange rate from pounds to Canadian dollars

The high volatility of the British pound to the Canadian dollar compared to any other pair makes it attractive for traders who want to make good profits in the pound to CAD dollar exchange rate.

In the GBP to CAD currency pair, the British pound is the base currency and the Canadian dollar is the quote currency. This GBP to Canadian dollars pair is a cross rate, although there is no US dollar in the pair, all calculations are made through it. When buying the UK pound to the Canadian dollar, the Canadian dollar is exchanged for dollars and dollars for the pound.

The GBP into CAD quote has 4 decimal places. Some forex brokers that offer sterling to Canadian dollars add a fifth digit for the convenience of traders with small trading volumes.

A quote (for example 1.74177) means that 1 pound to Canadian dollar will be worth 1.74177.

Pound to Canadian dollar today

Both experienced traders and beginners highly appreciate this Canadian dollar to GBP pound pair.

When actively analyzing the pound to Canadian dollar best rate, the first thing that catches the eye is the correlation with EUR/USD. However, the current economic situation is developing in such a way that in the future the euro will have less and less influence on the British pound to CAD. The reason for this is the alienation of economic and financial interaction, which sooner or later will manifest itself after the UK leaves the eurozone.

Do you need a high-quality pound sterling to CAD forecast and no less reliable market analysis? This means that you cannot do without the factual data that we provide you here on AtoZMarkets. We publish not only GBP CAD analysis but also the GBP CAD chart. On the GBP to CAD graph, you can track not only the dynamics of the fx GBP to CAD since the beginning of the trading day but also the maximum and minimum of the GBP to CAD live rate that were reached at a certain time.

The Forex market is available 24 hours a day, but, in particular, trading the GBP CAD trend in the UK is activated at 8:00 in the morning and decreases from 17:00. Of course, during the day, there will be periods when this UK pound to Canadian dollar live pair will have higher volumes in the GBP CAD live chart, usually around significant market announcements.

GBP CAD news

The Canadian dollar as often reported in GBP forex news is the so-called commodity currency because the Canadian economy has an export orientation. The country's economy depends on the export of oil, timber, coal, ferrous and non-ferrous metals. If prices for this commodity fall, then the value of the dollar also decreases, and, consequently, the sterling to Canadian dollars rate grows. And accordingly, on the contrary - prices rise, the sterling into Canadian dollars falls.

The most important economic and political GBP CAD news affects in this way: if these indicators improve in Britain, then the quotes of the GBP v CAD pair are growing; if this improvement occurs in Canada, then, accordingly, there is a fall - GBD into CAD.

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