GBP/CAD Exchange Rate Today, Forecast & News

GBP/CAD
British Pound - Canadian Dollar
Closed
1.70782+0.00042 (+0.02%)
As of: Apr 26, 2024 20:59 UTC
Open
1.70741
High
1.71483
Low
1.70442

Stats

Prev. Close

1.70740

Open

1.70741

Day's Range

1.70442 - 1.71483

52 Week Range

1.62271 - 1.77176

YTD Change

1.26%

1 Year Change

0.48%

Economic CalendarAll Events

Time zone: GMT

Wednesday, April 24th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	CAD	Retail Sales Ex Autos MoMFeb	Medium	-0.3%	0%	0.4%
17:30	CAD	BoC Summary of Deliberations	Medium

Thursday, April 25th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
10:00	GBP	CBI Distributive TradesApr	Medium	-44	-2	2
23:01	GBP	Gfk Consumer ConfidenceApr	Medium	-19	-20	-21

Tuesday, April 30th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
08:30	GBP	Mortgage ApprovalsMar	Medium		59K	60.383K
08:30	GBP	BoE Consumer CreditMar	Medium		£ 1.6B	£1.378B
08:30	GBP	Mortgage LendingMar	Medium		£1.1B	£1.51B

GBP/CAD

This is considered a major cross-currency pair. As crosses, the CAD is influenced by economic indicators domestically and in the U.S, while the GBP finds influence from UK and EU stats. With the Canadian Dollar also a commodity, oil prices also have a greater impact on the CAD, with rising oil prices bearish for the pair. While the pair is considered liquid, transactions account for less than 2% of the total daily transactions across the FX market.

	Canada		United Kingdom
Interest Rate	5% Apr 24		5.25% Mar 24
Inflation Rate	2.9% Mar 24		3.2% Mar 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaStable	AAAStable	Aa3Stable	AAStable