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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 03:49:08 Pound Canadian Dollar Rate »
GBP/CAD -0 Days Low Days High Last Daily
1.76031 -0.1% 1.75959 1.76217 1.76207

GBP CAD Exchange Rate Surges Higher After BoE Sounds Hawkish Note

8 Feb 2018 at 2 PM - Written by Frank Davies

In the immediate aftermath of the Bank of England’s (BoE) rate decision the Pound Canadian Dollar (GBP CAD) exchange rate surged higher as market sentiment turned bullish. Demand for the Pound picked up significantly on the back of the BoE’s meeting minutes, which proved to be slightly more hawkish in nature than anticipated. Even...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Fluctuates on Brexit Turbulence and Crude Oil Fall

6 Feb 2018 at 5 PM - Written by John Cameron

Brexit Turbulence Prompts Volatility in the GBP/CAD Exchange Rate The Pound Canadian Dollar (GBP/CAD) exchange rate fluctuated on Tuesday, rising initially in reaction to a drop in crude oil prices but falling later into the day as markets reacted to ongoing issues in the Brexit negotiation process. In respect to the latter, Sterling...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/CAD Exchange Rate Tight after UK Retail Sales Slump

19 Jan 2018 at 1 PM - Written by David Woodsmith

On Thursday’s trading session, the Pound saw a small advance against the Canadian Dollar. The GBP/CAD pairing opened trading in the region of 1.7205, later rising to 1.7243 by the evening. With little direct economic news to refer to, GBP traders were primarily focused on recent speeches from Bank of England (BoE) policymakers Michael...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to Canadian Dollar Exchange Rate Ticks Higher after UK Services Sector Growth

4 Jan 2018 at 1 PM - Written by James Fuller

On 3rd January, the Pound to Canadian Dollar exchange rate made a marginal decline over the course of trading. The GBP/CAD exchange rate opened trading in the area of 1.6997, but later fell to close at 1.6952. Services Sector Growth Triggers Pound to Canadian Dollar Exchange Rate Rise A better-than-expected printing for the UK...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Advances Despite Slower UK Manufacturing PMI

2 Jan 2018 at 1 PM - Written by Ben Hughes

Despite Britain’s latest manufacturing data from Markit coming in lower than expected, the British Pound to Canadian Dollar exchange rate tested gains on Tuesday and trended above the week’s opening levels. The Canadian Dollar was weighed by expectations that prices of oil, Canada’s most lucrative commodity, would soon weaken. Due to...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Recovers Ground After Mixed Canadian Data

22 Dec 2017 at 2 PM - Written by Frank Davies

An upwards revision to the finalised third quarter UK gross domestic product failed to lift the Pound Canadian Dollar exchange rate ahead of the weekend. While the headline figure was positive, rising from 1.5% to 1.7%, this was overshadowed by more disappointing details within the report. Investors were particularly discouraged by the...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Trends Lower as UK Retail Sales Lose Momentum

20 Dec 2017 at 12 PM - Written by David Woodsmith

While markets had anticipated a slowdown in the CBI reported retail sales measure for December this still left the Pound Canadian Dollar exchange rate on a weaker footing. Investors were not particularly encouraged by the confirmation that consumer spending had lost further momentum on the month, reflecting the ongoing wage squeeze. The...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/CAD Exchange Rate Rises after BoE Keeps Interest Rates on Hold

14 Dec 2017 at 5 PM - Written by David Woodsmith

On Wednesday’s trading session, the Pound made a tentative rise against the Canadian Dollar. The pairing opened trading in the region of 1.7140, later advancing to the 1.7186 by close of trading. Pound Trades Higher after BoE Prepares Traders for 2018 Today’s big news has concerned the Bank of England (BoE), which has left UK...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP CAD Exchange Rate Advances Following Dovish BoC Meeting

7 Dec 2017 at 12 PM - Written by John Cameron

The Pound Canadian Dollar (GBP CAD) exchange rate struck a new weekly high this morning on the back of the Bank of Canada’s (BoC) latest policy meeting and Brexit optimism. Canadian Dollar’s (CAD) Tumbles as BoC Appear Dovish towards Future Rate Hikes The Canadian Dollar remains on the back foot this morning after plummeting...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Recovers from Drops on Brexit Hopes

5 Dec 2017 at 5 PM - Written by Toni Johnson

Due to concerns about Brexit progress being blocked by Northern Ireland’s DUP, the British Pound to Canadian Dollar exchange rate briefly tumbled on Tuesday. Towards the end of the day Brexit concerns softened and the Pound recovered slightly. After advancing slightly from 1.6946 to 1.7088 last week and having its strength limited by...

CATEGORIES: Pound Canadian Dollar Forecasts