GBP/CAD Exchange Rate Today, Forecast & News

GBP/CAD
British Pound - Canadian Dollar
Open
1.61755-0.00537 (-0.33%)
As of: Nov 30, 2022 18:14 UTC
Open
1.62292
High
1.62807
Low
1.61277

Stats

Prev. Close

1.62292

Open

1.62292

Day's Range

1.61277 - 1.62807

52 Week Range

1.40438 - 1.73784

YTD Change

-5.36%

1 Year Change

-4.82%

Economic CalendarAll Events

Time zone: GMT

Tuesday, November 29th 2022
Time	Currency	Event	Impact	Actual	Consensus	Previous
13:30	CAD	GDP Growth Rate AnnualizedQ3	High	2.9%	1.5%	3.2%
13:30	CAD	GDP MoMSep	Medium	0.1%	0.1%	0.3%
13:30	CAD	GDP Growth Rate QoQQ3	High	0.7%	0.4%	0.8%

Wednesday, November 30th 2022
Time	Currency	Event	Impact	Actual	Consensus	Previous
08:30	GBP	BoE Pill Speech	Medium

Thursday, December 1st 2022
Time	Currency	Event	Impact	Actual	Consensus	Previous
09:30	GBP	S&P Global/CIPS Manufacturing PMI FinalNov	Medium		46.2	46.2
14:30	CAD	S&P Global Manufacturing PMINov	Medium		48	48.8

Friday, December 2nd 2022
Time	Currency	Event	Impact	Actual	Consensus	Previous
13:30	CAD	Part Time Employment ChgNov	Medium		10K	-11K

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	3.75% Oct 22		3% Nov 22
Inflation Rate	6.9% Oct 22		11.1% Oct 22
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaStable	AAAStable	Aa3Stable	AANegative