Currency News

Daily Exchange Rate Forecasts & Currency News

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 07:23:10 Pound Canadian Dollar Rate »
GBP/CAD -0 Days Low Days High Last Daily
1.73622 -0.13% 1.73533 1.73965 1.73843

GBP/CAD Forecast: Pound to Canadian Dollar Exchange Rate Mixed as Oil Prices Rise

27 Jul 2021 at 11 AM - Written by John Cameron

The Pound to Canadian Dollar exchange rate (GBP/CAD) has been mixed for much of the day as the Canadian Dollar finds fresh impetus to head higher on the back of rising oil prices. The GBP/CAD pairing are currently trending at around CA$1.7332 as the Pound struggles to hold onto any meaningful gains. Pound Sterling (GBP) Exchange Rate...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/CAD Exchange Rate Forecast: Pound Canadian Dollar Continues to Weaken

21 Jul 2021 at 10 AM - Written by John Cameron

The Pound Canadian Dollar (GBP/CAD) exchange rate continues to fall during this morning’s session as coronavirus worries continue to keep Sterling investors concerned and a hoped rebound in oil prices drives movement in the Canadian Dollar. At the time of writing the GBP/CAD pairing are trending around the CA$1.7271 level as the...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Falls as Oil Prices are Forecast to Improve

20 Jul 2021 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Sinks as Hopes of Rising Oil Prices Boost ‘Loonie’ The Pound Canadian Dollar (GBP/CAD) exchange rate fell by -0.5% today following an upbeat forecast for oil prices from Goldman Sachs analysts, who said they see an ‘upside’ to prices following the OPEC+ supply deal. The pairing is currently fluctuating around...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Edges Higher as UK Economy Bounces Back

15 Jul 2021 at 5 PM - Written by John Cameron

GBP/CAD Exchange Rate Rises as UK Chancellor Says Economy is ‘Bouncing Back’ The Pound to Canadian Dollar exchange rate rose by 0.2% following a bullish statement by UK Chancellor Rishi Sunak, who said that the UK economy appears to be ‘bouncing back’. The pairing is fluctuating around CA$1.73 at the time of writing. GBP...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

GBP/CAD Exchange Rate Steady as Doctors Warn of ‘Devastating Consequences’ as UK is Set to Ease Lockdown Measures

13 Jul 2021 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Rangebound as UK Faces Division Over Easing of Lockdown Restrictions The Pound Canadian Dollar (GBP/CAD) exchange rate held steady today after several senior doctors warning Prime Minister Boris Johnson of ‘potentially devastating consequences’ from the lifting of lockdown restrictions in England on July 19. The...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Steady Ahead of Downing Street’s Update on Lifting Lockdown Measures

5 Jul 2021 at 3 PM - Written by John Cameron

GBP/CAD Exchange Rate Rangebound, UK PM is Expected to Affirm Easing of Lockdown Restrictions This Month The Pound Canadian Dollar (GBP/CAD) exchange rate held steady ahead of Prime Minister Boris Johnson’s announcement later today. But could the PM’s conformation of lifting lockdown restrictions on July 19 boost Sterling? The pairing is...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Dips as Oil Prices Head Higher

1 Jul 2021 at 1 PM - Written by John Cameron

GBP/CAD Exchange Rate Falls as Demand for Oil Picks Up The Pound Canadian Dollar exchange rate fell by -0.2% as the commodity-linked ‘Loonie’ benefited from rising WTI crude prices, which rose to $74 per barrel. The pairing is currently fluctuating around CA$1.71. Oil prices have risen on lower US inventories and expectations of...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Steady as Canadian Retail Sales Fall in April

23 Jun 2021 at 3 PM - Written by John Cameron

GBP/CAD Exchange Rate Rangebound, Could Rising Oil Prices Boost the ‘Loonie’? The Pound Canadian Dollar exchange rate held steady today following the publication of Canada’s retail sales for April, which fell by a worse-than-expected -5.7%. The Canadian Dollar (CAD) failed to rise against the Pound despite a number of supporting...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Edges Higher Despite Rising Oil Prices

21 Jun 2021 at 3 PM - Written by John Cameron

GBP/CAD Exchange Rate Rises, Demand for Oil Steadily Increases The Pound Canadian Dollar (GBP/CAD) exchange rate rose today, with the ‘Loonie’ subdued despite rising WIT crude prices. The pairing is currently fluctuating around CA$1.72. The commodity-linked Canadian Dollar failed to rise against the Pound today despite an uptick in...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Dips as BoC Expectations of Strong Canadian Economic Rebound

10 Jun 2021 at 10 AM - Written by John Cameron

GBP/CAD Exchange Rate Falls on Canadian Oil Market Optimism The Pound Canadian Dollar (GBP/CAD) exchange rate dipped this morning after the Bank of Canada (BoC) held interest rates flat at 0.25% yesterday and left monetary policy largely unchanged. The pairing is currently fluctuating around CA$1.70. Some key takeaways from the BoC’s...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts