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GBP to CAD 2026 Forecasts

Analysis of recent sterling → loonie forecasts for 2026. We collate forecasts from respected FX analysts together with the latest British pound to Canadian dollar performance and trends.

 

GBP/CAD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average and lacks a strong driver for further gains.

Key drivers:

• Rate gap: The Bank of England has indicated cautious potential rate cuts, whereas the Bank of Canada recently maintained its rate, providing some support against the CAD.

• Risk/commodities: Recent oil prices have been volatile but are currently above average, which could support the Canadian dollar if the trend remains.

• One macro factor: Ongoing US tariffs on UK exports threaten economic growth, raising concerns for the British pound’s stability.

Range: The GBP/CAD rate is expected to drift within its current range, without testing extremes in the near term.

What could change it:

• Upside risk: A positive shift in economic data from the UK could encourage stronger GBP performance.

• Downside risk: Further deterioration in UK economic outlook due to tariff impacts could press the GBP lower against the CAD.

GBP-CAD Rate Calculator

 
   
   
   
   
 
   
 
 

GBP to CAD Market Data

British pound (GBP) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell GBP   →   Buy CAD
1 GBP =
1.8695We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d−0.1%▼
90dHighs◓
GBP to CAD at 1.8708 is 1.1% above its 3-month average of 1.8512, having traded in a very stable 2.1% range from 1.8346 to 1.8728
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  1 CAD = 0.5349 GBP

Compare & Save - British pound to Canadian dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare British pound (GBP) to Canadian dollar (CAD) rates from different sources before making a conversion.

Use our GBP to CAD calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Sterling to Loonie currency rates and the possible savings of using various providers.

 
 

Will the British pound rise against the Canadian dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the British pound vs Canadian dollar current value is to look the GBP/CAD historic rate and change over a range of periods.

The following table looks at the change in the GBP to CAD exchange rate over periods from the previous week back to the last 10 years.

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add GBP/CAD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more