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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.

 

Bias: bullish-to-range-bound, because GBP/CAD remains above its 90-day average and sits in the upper half of the three-month range.

Key drivers:

  • Rate gap: BoE's policy rate remains higher than BoC's, giving GBP a relative footing versus CAD. This dynamic tends to support GBP during risk-off moves and when USD strength is firm, and it may cap CAD gains.
  • Risk/commodities: Oil prices sit above the 90-day average with notable volatility; firmer oil tends to support CAD, capping GBP/CAD gains, while a sharp pullback could lift GBP.
  • Macro factor: UK inflation easing toward the BoE target supports a gradual rate-cut path; that path keeps the pound steady but offers limited upside unless growth accelerates.

Range: GBP/CAD likely to drift within the three-month range, with a bias to test the upper end but remain contained unless UK data surprises and oil markets flip.

What could change it:

  • Upside risk: stronger-than-expected UK data (inflation or growth) fueling a hawkish tilt from the BoE.
  • Downside risk: oil prices rally further, boosting CAD and weighing on GBP/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 =
1.8701We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d+0.2%▲
60dHighs◓
GBP to CAD is at 60-day highs near 1.8686, just 0.8% above its 3-month average of 1.8528, having traded in a very stable 2.9% range from 1.8346 to 1.8882
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  1 CAD = 0.5347 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