FOREX.com by StoneX logo

British Pound / Canadian Dollar - GBP/CAD

View indicative pricing, trading opportunities, latest research and market insights for GBP/CAD.

GBP/CAD rate chart

GBP/CAD market insights

Pivot points are a technical indicator that traders use to predict upcoming areas of technical significance, such as support and resistance. They're calculated by averaging the high, low and closing prices of a previous period. That could be a day, a week or a month.

If a market is trading above its previous pivot point (known as P), it is seen as a bullish signal. If it is below, it is bearish.

Support and resistance levels are a core part of technical analysis, providing crucial insight into possible future price reversals.

Economic calendar

GBP/CAD overview

GBP/CAD is an FX pair with the Great British pound as the base currency and the Canadian dollar as the quote currency. The live price of GBP/CAD tells you the pound’s current value in Canadian dollars.

The market is considered a minor pair, as it pits the world’s fourth most-traded currency (GBP) against the seventh (CAD).* As such, it may see lower liquidity than forex markets featuring the US dollar such as USD/CAD and GBP/USD.

Canada is a major exporter of commodities, so commodity volatility can have a significant impact on the CAD price.

* Bank for International Settlements, 2022

Spreads
Margins

Forex explained

What is forex?

Forex trading has grown ever more popular with retail traders like you. But what is forex and how do you trade it?

Why trade forex?

Overflowing with opportunities, 24-hour and no commissions – see why forex is the most traded market in the world.

How to trade forex

Want to know what a forex trade looks like? This section details how to place a forex trade on our platform.

It's your world. Trade it.