GBP/CAD Exchange Rate (Pound to Canadian Dollar)
Live GBP/CAD exchange rate with intraday chart, daily statistics, forecasts and latest news.
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Updated
What's Driving GBP/CAD
- ๐จ๐ฆ GBP/CAD has broken above three-week range, suggesting shift in momentum
- Move is CAD weakness rather than GBP strength, following collapse of US-Canada trade talks and 50% tariffs that took effect on Saturday
- Resistance at 1.88100 has gone, after four rejections in three weeks
- Immediate obstacle is descending trendline from July's peak, which pair is testing now
- Daily close above trendline opens 1.9000, then July high near 1.9040
- 1.88100 becomes first support, then shelf at 1.87114. Close beneath 1.87114 invalidates setup and exposes 1.8600, then 1.83500
- Medium-term, advance from March's 1.80 base is intact
- US imposed 50% tariffs on roughly $20bn of Canadian goods, and Carney has said Canada will match them dollar for dollar from 8 September, targeting steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics. Greer says no further talks are planned
- Scotiabank: collapse torpedoed positive CAD sentiment built over previous four weeks and heralds period of more intense uncertainty
- Morgan Stanley: no-deal points USD/CAD towards 1.41
- Offsets remain: levies cover about 5% of Canadian exports, oil is firm, and USD/CAD has moved only to around 1.38 from 1.376, so CAD reaction is measured. Forward risk is Trump's stated plan to raise tariffs on Canadian cars, trucks, parts and steel to 50% on 1 January 2027
For the latest analysis visit the GBP/CAD News Hub โ
| One Week | 1.8812 |
| One Month | 1.8793 |
| Three Months | 1.8741 |
| Six Months | 1.866 |
| One Year | 1.8508 |
| Date | Open | Close | High | Low | Mid |
|---|---|---|---|---|---|
| Mon 31 Aug | 1.8826 | 1.8819 | 1.8836 | 1.8810 | 1.8822 |
| Fri 28 Aug | 1.8830 | 1.8818 | 1.8847 | 1.8798 | 1.8824 |
| Thu 27 Aug | 1.8867 | 1.8830 | 1.8878 | 1.8819 | 1.8848 |
| Wed 26 Aug | 1.8889 | 1.8867 | 1.8909 | 1.8854 | 1.8878 |
| Tue 25 Aug | 1.8871 | 1.8889 | 1.8913 | 1.8854 | 1.8880 |
| Mon 24 Aug | 1.8830 | 1.8871 | 1.8887 | 1.8812 | 1.8851 |
| Fri 21 Aug | 1.8794 | 1.8784 | 1.8803 | 1.8742 | 1.8789 |
| Thu 20 Aug | 1.8787 | 1.8794 | 1.8800 | 1.8758 | 1.8790 |
| Wed 19 Aug | 1.8804 | 1.8787 | 1.8852 | 1.8779 | 1.8796 |
| Tue 18 Aug | 1.8791 | 1.8804 | 1.8826 | 1.8753 | 1.8798 |
| Mon 17 Aug | 1.8785 | 1.8791 | 1.8813 | 1.8771 | 1.8788 |
| Fri 14 Aug | 1.8787 | 1.8778 | 1.8807 | 1.8762 | 1.8782 |
| Thu 13 Aug | 1.8812 | 1.8786 | 1.8838 | 1.8779 | 1.8799 |
| Wed 12 Aug | 1.8809 | 1.8812 | 1.8845 | 1.8798 | 1.8810 |
| Tue 11 Aug | 1.8829 | 1.8809 | 1.8833 | 1.8788 | 1.8819 |
| Mon 10 Aug | 1.8827 | 1.8829 | 1.8860 | 1.8808 | 1.8828 |
| Fri 7 Aug | 1.8852 | 1.8809 | 1.8873 | 1.8795 | 1.8830 |
| Thu 6 Aug | 1.8870 | 1.8852 | 1.8889 | 1.8839 | 1.8861 |
| Wed 5 Aug | 1.8916 | 1.8870 | 1.8954 | 1.8862 | 1.8893 |
| Tue 4 Aug | 1.8868 | 1.8916 | 1.8937 | 1.8851 | 1.8892 |
| Mon 3 Aug | 1.8894 | 1.8868 | 1.8918 | 1.8851 | 1.8881 |
Pound to Canadian Dollar Forecast: 1.8741 in Three Months
These predictions are based on the forward points being traded in currency markets. These contracts are widely used by businesses, investors, and financial institutions for hedging or speculative purposes. The pricing of forwards provides valuable insights into market expectations for the future direction of currency pairs.
In one month the Pound-Canadian Dollar exchange rate is forecast to be at 1.8793, according to market-implied pricing. In three months, the rate is expected to be at 1.8741. In six months the projected rate is at 1.8660. In one year the rate is expected to be at 1.8508.
Quarterly GBP/CAD targets from Goldman Sachs, Barclays, JP Morgan, Deutsche Bank, ING and more โ updated weekly.