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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 16:29:51 Pound Canadian Dollar Rate »
GBP/CAD -0.01 Days Low Days High Last Daily
1.56242 -0.42% 1.55882 1.57131 1.56904

Pound Canadian Dollar Exchange Rate News: GBP/CAD Subdued as Recession Concerns Grow

21 Jun 2022 at 12 PM - Written by John Cameron

Pound (GBP) Trades Narrowly amid Recession Fears The Pound (GBP) is muted today as speeches from the Bank of England (BoE) failed to boost investor’s sprits ahead of a potential recession. BoE Chief Economist Huw Pill said today that the central bank will be ready to act if inflationary pressures continue to take its toll on the UK...

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Pound Canadian Dollar Exchange Rate Gains as Oil Prices Slip on Supply Concerns

15 Jun 2022 at 1 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Climbs Despite BoE Rate Hike Concerns The Pound Canadian Dollar (GBP/CAD) exchange rate is seeing a boost today amid a fall to crude oil prices. Prices for the commodity are tumbling amid demand fears and potential supply shortages. Major gains for the currency pair could be limited however...

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Pound Canadian Dollar Exchange Rate News: GBP/CAD Rangebound as Oil Prices Slide

9 Jun 2022 at 10 AM - Written by John Cameron

GBP/CAD Muted as Shanghai Returns to Lockdown The Pound Canadian Dollar (GBP/CAD) exchange rate is trading in a narrow range this morning amid the threat of fresh lockdowns in Shanghai, weighing on oil prices. Meanwhile, the Pound (GBP) is subdued amid UK political uncertainty. At the time of writing, the GBP/CAD exchange rate is...

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Pound Canadian Dollar Exchange Rate News: GBP/CAD Rangebound as Investors Await BoC Interest Rate Decision

1 Jun 2022 at 10 AM - Written by John Cameron

GBP/CAD Subdued Ahead of BoC Interest Rate Decision The Pound Canadian Dollar (GBP/CAD) exchange rate is trading in a narrow range this morning as CAD investors await the Bank of Canada’s (BoC) interest rate decision. Meanwhile, the Pound (GBP) is pressured by concerns over the UK’s ongoing cost-of-living crisis. At the time of...

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Pound Canadian Dollar Exchange Rate News: GBP/CAD Rangebound as UK GDP Slows

12 May 2022 at 10 AM - Written by John Cameron

GBP/CAD Subdued as UK GDP Growth Rate Slows The Pound Canadian Dollar (GBP/CAD) exchange rate is trading in a narrow range this morning amid slower-than-expected UK GDP. At the time of writing, the GBP/CAD exchange rate is trading at approximately CA$1.5880, with minimal movement from today’s opening levels. Pound (GBP) Muted...

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Pound Canadian Dollar Exchange Rate News: GBP/CAD Rises amid Improved Risk Appetite

27 Apr 2022 at 12 PM - Written by John Cameron

GBP/CAD Climbs as Risk Appetite Returns The Pound Canadian Dollar (GBP/CAD) exchange rate is trading higher this morning amid an improvement in market risk appetite. At the time of writing, the GBP/CAD exchange rate is trading at approximately CA$1.6154, up roughly 0.3% from today’s opening levels. Pound (GBP) Bolstered on...

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Pound Canadian Dollar Exchange Rate News: GBP/CAD Mixed as UK PM Seeks to Ease Surging Energy Prices

7 Apr 2022 at 10 AM - Written by John Cameron

GBP/CAD Mixed as UK PM Vows to Ease High Energy Prices The Pound Canadian Dollar (GBP/CAD) exchange rate is trading in a narrow range this morning as UK Prime Minister, Boris Johnson outlined his new energy strategy. At the time of writing, the GBP/CAD exchange rate is trading at approximately CA$1.6420, with minimum movement from...

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Pound Canadian Dollar Exchange Rate News: GBP/CAD Climbs as UK Economy Grows Faster-Than-Expected

31 Mar 2022 at 10 AM - Written by John Cameron

GBP/CAD Boosted as UK Economy Grew Faster-Than-Predicted The Pound Canadian Dollar (GBP/CAD) exchange rate is trading higher this morning after data revealed the UK economy grew at a faster-than-expected pace in the last quarter of 2021. At the time of writing, the GBP/CAD exchange rate is trading at approximately CA$1.6435, roughly up...

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Pound Canadian Dollar Exchange Rate News: GBP/CAD Rangebound as Ukraine Crisis Continues

9 Mar 2022 at 10 AM - Written by John Cameron

GBP/CAD Muted as Russia-Ukraine War Battles On The Pound Canadian Dollar (GBP/CAD) exchange rate is mixed today, in the wake of UK government announcement of additional sanctions against Russia. At the time of writing, the GBP/CAD exchange rate is trading at approximately CA$1.6887, with minimal market movement from today’s opening...

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Pound Canadian Dollar Exchange Rate News: GBP/CAD Falls as Oil Prices Soar to Nine-Year High

3 Mar 2022 at 10 AM - Written by John Cameron

GBP/CAD Loses Ground as Oil Peaks at 9-Year High The Pound Canadian Dollar (GBP/CAD) exchange rate is facing headwinds today as the Russia-Ukraine war rages on, propelling oil prices to new multi-year highs. At the time of writing, the GBP/CAD exchange rate is trading at approximately CA$1.6881, roughly down by 0.3% from today’s...

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