We use cookies that are necessary for this site to work. With your permission we would also use analytics and advertising cookies to understand how the site is used and to measure our advertising. Cookie Policy
Prices are our trading platform's bid for GBPCAD. Times are server time, New York + 7 hours (GMT+2 now). Past performance is not a reliable indicator of future results.
The spread when you open, shown live above, and a swap for each night the position stays open. Spreads widen around news and at low liquidity.
Read from our trading platform daily. The specification in MetaTrader 5 always prevails.
Server time is New York time + 7 hours.
The change in each calendar month, from our platform's month-end closing prices (bid). Our history for this instrument starts in November 2021.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.79% | −1.33% | +0.09% | +0.37% | +0.49% | +1.38% | +0.36% | −0.65% | +0.58% | −0.86% | +1.31% | |
| 2025 | +0.07% | +1.05% | +2.09% | −1.02% | +0.51% | +1.07% | −2.09% | +1.45% | +0.86% | −1.56% | +0.38% | −0.02% |
| 2024 | +0.99% | +0.56% | −0.30% | +0.71% | +0.89% | −0.40% | +2.63% | −0.19% | +2.10% | −0.65% | −0.75% | +0.88% |
| 2023 | +0.03% | +0.05% | +1.63% | +2.15% | −0.82% | −0.38% | +0.66% | +1.12% | −3.27% | +1.83% | +1.53% | −1.41% |
| 2022 | −0.08% | −0.48% | −3.40% | −1.55% | −1.45% | −1.65% | −0.51% | −2.16% | +1.14% | +1.21% | +3.53% | +1.34% |
| 2021 | +0.21% | +0.63% | ||||||||||
| Average | +0.36% | −0.03% | +0.02% | +0.13% | −0.08% | 0.00% | +0.21% | −0.09% | +0.28% | −0.01% | +0.98% | +0.28% |
| Months higher | 4/5 | 3/5 | 3/5 | 3/5 | 3/5 | 2/5 | 3/5 | 2/5 | 4/5 | 2/5 | 4/5 | 3/5 |
Month to date · Past performance is not a reliable indicator of future results.
No recent articles on this instrument.
No recent headlines on this instrument.
Headlines from other publishers, linked to the original article. They are not written or endorsed by GCC Brokers.
GDP MoMGBP
Nov 12, 09:00 · Forecast -0.1% · Previous 0.1%
GDP Growth Rate QoQ PrelGBP
Nov 12, 09:00 · Forecast 0.7% · Previous 0.4%
GDP Growth Rate YoY PrelGBP
Nov 12, 09:00 · Forecast 1.9% · Previous 1.2%
Core Inflation Rate MoM s.aCAD
Nov 16, 15:30 · Previous 0.1%
Inflation Rate YoYCAD
Nov 16, 15:30 · Previous 3.1%
Unemployment RateGBP
Nov 17, 09:00 · Previous 4.7%
High-impact releases for GBP, CAD over the next 7 days, in server time (GMT+2). Dots on the 1D and 5D charts mark recent releases.
GBP/CAD is a minor currency pair that represents the exchange rate between the British Pound and the Canadian Dollar. This pair attracts significant daily trading volume as both currencies are tied to major economies and commodity markets. The pairing is popular among traders seeking exposure to divergent monetary policies and economic cycles between the UK and Canada, making it a versatile instrument for both swing and intraday traders.
Price movements in GBP/CAD are primarily driven by interest rate differentials set by the Bank of England and the Bank of Canada, inflation trends in both countries, and commodity prices—particularly crude oil, which heavily influences Canadian economic data. Geopolitical developments, employment reports, and GDP releases from both nations significantly impact volatility and direction. Economic divergence between the two economies often creates sustained trending opportunities in this minor pair.
GCC Brokers offers GBP/CAD trading with automatic execution and no manual intervention. Trade this instrument on our Zero and Standard accounts with variable spreads and leverage. Slippage is symmetric, so price improvements are passed on as well.
GBP/CAD trades around the clock during the forex week, with peak liquidity during the London and North American session overlaps; the exact hours, in server time, are in the specifications above. At GCC Brokers, you can access this instrument 24/5. Volume and volatility typically spike when both the UK and Canadian markets are active.
Spreads are variable and depend on market conditions and your account. Standard and Pro have no commission, and Pro has tighter spreads; Zero has raw spreads plus a commission. The live spread is shown on this page.
GBP/CAD is primarily influenced by interest rate decisions from the Bank of England and Bank of Canada, inflation reports, employment data, and GDP releases from both countries. Crude oil prices play an outsized role since Canadian exports are heavily commodity-dependent, while UK economic surprises and Brexit-related sentiment also impact sterling. Relative economic strength between the two nations creates sustained directional bias.
GBP/CAD is a liquid minor pair with reasonable volatility, making it suitable for intermediate traders with solid forex knowledge rather than complete beginners. The pair requires understanding of two distinct economies and central bank policies, which can be complex. Beginners should start with major pairs like EUR/USD before progressing to minors; however, GCC Brokers' educational resources and low-risk account options make it accessible for learning traders.
Traders watch interest rate differentials and BoE and BoC announcements, and some trade ranges when the pair consolidates. Swing traders tend to follow trends driven by monetary policy, while intraday traders focus on news-driven moves. This is general information, not advice.
Share this page
Prices stream from our trading platform. Pro and Zero accounts are priced differently; see trading costs below.
