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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 just above its recent average but lacking a clear directional driver.

Key drivers:

• Rate gap: The Bank of England's cautious approach to rate cuts contrasts with the Bank of Canada's recent reduction, which may keep the rate pressured.

• Risk/commodities: Recent oil prices are higher than average, but any downturn could weaken the Canadian dollar and support the GBP/CAD rate.

• One macro factor: Ongoing US tariffs on UK exports threaten economic growth, leading to mixed confidence in the pound.

Range: Expect GBP/CAD to hold within its recent 3-month range, with limited movement in either direction.

What could change it:

• Upside risk: A strong rebound in UK economic data could boost the pound.

• Downside risk: A significant fall in oil prices could weaken the CAD and cause the GBP/CAD to shift lower.

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 =
1.8612We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d+0.2%▲
14dLows◒
GBP to CAD at 1.8608 is just 0.5% above its 3-month average of 1.8508, having traded in a stable 1.8% range from 1.8346 to 1.8685
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  1 CAD = 0.5373 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