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Pound Canadian Dollar forecast - GBP CAD

A round up of the latest Pound Canadian Dollar forecast news items from the Currency News desk.

LIVE EXCHANGE RATE 18:39:12 Pound Canadian Dollar Rate »
GBP/CAD -0.01 Days Low Days High Last Daily
1.76366 -0.36% 1.76252 1.77142 1.77012

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Sinks as UK Economic Jitters Return

25 Feb 2021 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate as UK Markets Become More Cautious The GBP/CAD exchange rate fell by -0.2% today, with the pairing currently fluctuating around CA$1.76. Sterling fell today as concerns for the UK economy have returned, despite Downing Street’s outline of its lockdown exit plan earlier this week. Today also saw reports that more...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Falls Back from Highs but Outlook Remains Strong

19 Feb 2021 at 1 PM - Written by John Cameron

Investors sold the British Pound to Canadian Dollar (GBP/CAD) exchange rate slightly from its best levels today. Markets digested some unexpected signs of weakness in Britain’s latest data, and the Canadian Dollar has been benefitting from weakness in rival currencies. Despite this though, expectations for Britain to begin looking to...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Can Dollar Outlook: GBP/CAD Exchange Rate Rises on Growing Confidence in the UK Economy

18 Feb 2021 at 2 PM - Written by John Cameron

GBP/CAD Exchange Rate Heads Higher as UK Covid-19 Cases Continue to Fall The Pound to Canadian Dollar exchange rate rose by 0.4% today following news that Covid-19 infections in England had dropped by two-thirds in a month. The pairing is currently fluctuating around CA$1.76. This follows comments from Downing Street of a cautious but...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound to Canadian Dollar Edges Higher Despite Rising Oil Prices

9 Feb 2021 at 5 PM - Written by John Cameron

GBP/CAD Exchange Rate Heads Higher as Canadian Markets Remain Cautious The Pound to Canadian Dollar rose today, with the pairing currently fluctuating around CA$1.75. The commodity-linked Canadian Dollar benefited from rising oil prices today, with prices of crude climbing back to pre-pandemic levels. As a result, the oil-sensitive...

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GBP to CAD Exchange Rate Gains Limited as Sterling Rally Could Run Out of Steam

1 Feb 2021 at 4 PM - Written by Tim Boyer

Optimism over Britain’s coronavirus vaccine outlook has helped the British Pound to Canadian Dollar (GBP/CAD) exchange rate to advance lately. While the pair was unable to hold last week’s best levels, it is once again edging higher this morning as investors continue to find the Pound appealing. However, the Pound may run out of steam...

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GBP/CAD Outlook: Pound to Canadian Dollar Exchange Rate Struggles to Sustain Gains

21 Jan 2021 at 4 PM - Written by James Fuller

Foreign exchange market appetite for the Pound has been improving today, but the British Pound to Canadian Dollar (GBP/CAD) exchange rate has been unable to sustain much in the way of fresh gains. This is because the latest developments in politics and global sentiment have been seen as widely optimistic, and are making investors confident...

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GBP to CAD Exchange Rate Edges Higher as USD Jitters Weigh on ‘Loonie’

19 Jan 2021 at 4 PM - Written by David Woodsmith

While the Pound’s appeal has been a little weaker this week so far, the Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate has been edging higher. As the Canadian Dollar is weighed by a combination of market risk-aversion and weakness in the US Dollar, the currency has been unable to capitalise on recent strength in oil prices....

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Pound Canadian Dollar (GBP/CAD) Exchange Rate Steady as UK Construction PMIs Shows ‘Promising End’ to 2020

7 Jan 2021 at 5 PM - Written by John Cameron

GBP/CAD Exchange Rate Rangebound as UK GPs and Pharmacies to Rollout Covid-19 Vaccine The Pound to Canadian Dollar (GBP/CAD) exchange rate held steady today, with the pairing currently trading around CA$1.72. Sterling benefited from news that UK GP’s surgeries and pharmacies would be allowed to rollout out the new Oxford/AstraZeneca...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Slumps as UK Looks Set for Fresh National Lockdown

4 Jan 2021 at 3 PM - Written by Frank Davies

Prospect of Fresh UK Lockdown Drives Pound Canadian Dollar Exchange Rate Lower The Pound to Canadian Dollar (GBP/CAD) exchange rate dropped sharply on Monday in the wake of the announcement of Scotland’s imminent return to a state of national lockdown. Speculation that the rest of the UK could soon follow suit left the Pound generally...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Plummet May Be Limited as Covid19 Fears Hit Oil Prices

21 Dec 2020 at 5 PM - Written by Ben Hughes

Investors are selling the British Pound to Canadian Dollar (GBP/CAD) exchange rate today, as the Pound is throttled by reports that a new more contagious variation of the coronavirus Covid19 has been found in Britain. The Canadian Dollar has been unable to capitalise on the Pound’s weakness though, as rising coronavirus fears are weighing...

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