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 17:24:50 Pound Canadian Dollar Rate »
GBP/CAD +0.01 Days Low Days High Last Daily
1.71307 +0.38% 1.70515 1.71362 1.70654

Pound Canadian Dollar (GBP/CAD) Exchange Rate Dips as Oil Prices Bolster Oil-Sensitive ‘Loonie’

17 May 2021 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Dips as Rising Oil Prices Boost Canadian Dollar The Pound Canadian Dollar exchange rate dipped today as the ‘Loonie’ has continued to benefit from upbeat Canadian economic data. A mixture of rising oil prices and rising Canadian wholesale sales for March has provided a boost for the Canadian Dollar. The pairing is...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

GBP/CAD Forecast: Pound to Canadian Dollar Exchange Rate Steady as Markets Await Canadian Employment Data

7 May 2021 at 10 AM - Written by John Cameron

The Pound to Canadian Dollar (GBP/CAD) is steady today as markets await the latest employment data from Canada later this afternoon. The GBP/CAD pairing are currently trending at around CA$1.6948 as the UK government is set to reveal its green-light countries for travel over the summer. Pound Sterling (GBP) Exchange Rate Steady on back...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/CAD Exchange Rate: Pound Canadian Dollar Weakens Despite UK Economic Optimism

30 Apr 2021 at 9 AM - Written by John Cameron

The Pound Canadian Dollar (GBP/CAD) exchange rate has weakened during this morning’s session as a lack of notable data from the UK does little to support Sterling. At the time of writing the GBP/CAD pairing are trading at around CA$1.7091 as the ‘Loonie’ finds support in rising oil prices and positive retail sales data. Pound...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Steady as Canada’s Covid-19 Vaccinations Double Since April

27 Apr 2021 at 12 PM - Written by John Cameron

GBP/CAD Exchange Rate Rangebound as Canada’s Covid-19 Vaccines Pass 12-Million The Pound Canadian Dollar exchange rate held steady today as the daily amount of Covid-19 vaccinations in Canada has doubled since the beginning of April. The pairing is currently fluctuating around CA$1.72. The Canadian Dollar (CAD) has benefited from news...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Rises as Canada’s Covid-19 Situation Reaches ‘Critical’ Levels

26 Apr 2021 at 12 PM - Written by John Cameron

GBP/CAD Exchange Rate Edges Higher as Canada Faces Critical Stage of Covid-19 The Pound Canadian Dollar (GBP/CAD) exchange rate rose today because of rising concerns over Canada’s Covid-19 resurgence. The pairing is currently trading around CA$1.73. Canadian Prime Minister Justin Trudeau recently commented that Canada’s Covid-19...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

GBP/CAD Forecast: Pound to Canadian Dollar Exchange Rate Flounders after Yesterday’s Plummet

22 Apr 2021 at 4 PM - Written by Tim Boyer

After plummeting from monthly highs yesterday, the British Pound to Canadian Dollar (GBP/CAD) exchange rate has seen slightly more steady movement today. The Pound’s attempts to advance have not been sustained though, as a lack of fresh upside in Britain’s outlook is leaving the Pound without the drive to advance. Meanwhile, the Canadian...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/CAD Outlook: Pound Canadian Dollar Exchange Rate Edges Higher on UK Vaccine Rollout

15 Apr 2021 at 4 PM - Written by John Cameron

The Pound Canadian Dollar (GBP/CAD) exchange rate has rebounded this afternoon and sees the Pound heading higher despite positive employment change data from Canada. At the time of writing the GBP/CAD exchange rate is currently trading at around CA$1.7243. Pound (GBP) Exchange Rate Rebounds on Success of UK Vaccine Rollout The Pound...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Sinks as Canadian Ivey PMI Beats Forecasts

8 Apr 2021 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Falls as Outlook for Canadian Economy Improves The Pound Canadian Dollar (GBP/CAD) exchange rate fell today following a surge in the latest Canadian Ivey PMI data for March, which beat forecasts and rose to 72.9. The pairing is currently fluctuating around CA$1.73. The Canadian Dollar (CAD) has benefited from the...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Rises as UK Takes Big Step in Cautious Easing Lockdown Restrictions

29 Mar 2021 at 12 PM - Written by John Cameron

GBP/CAD Exchange Rate as UK allows Outdoor Group Socialising The Pound Canadian Dollar exchange rate rose by 0.4% today as the UK takes a big step in a cautious easing of lockdown restrictions. The pairing is currently fluctuating around CA$1.74. Outdoor group socialising is now legal in the UK, buoying UK market confidence as the nation...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

GBP/CAD Forecast: Pound to Canadian Dollar Exchange Rate Attempts Recovery but Sterling Gains Limited

26 Mar 2021 at 11 AM - Written by Tim Boyer

Largely unsurprising UK retail sales results had little impact on the Pound today, but the British Pound to Canadian Dollar (GBP/CAD) exchange rate is attempting to recover regardless. The Canadian Dollar’s movement has seen a sharp reversal in recent sessions as oil markets become more jittery and yield spreads concern markets. The...

CATEGORIES: Pound Canadian Dollar Forecasts