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 STP execution and no manual intervention, with transparent pricing. Trade this instrument on our Zero and Standard accounts with competitive spreads and full leverage flexibility. Slippage is symmetric, so price improvements are passed on as well.
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Experience transparent STP execution and professional-grade spreads on GBP/CAD with GCC Brokers.
Trading Specifications
Symbol
GBPCAD
Contract Size
100,000
Min Lot Size
0.01
Max Lot Size
50.00
Lot Step
0.01
Digits
5
Margin
Set by account leverage
Swap Long
2.22 pts
Swap Short
-17.44 pts
Triple swap day
Wednesday ×3