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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: The outlook for GBP/CAD is bullish as it trades above its 90-day average and is near recent highs, supported by ongoing oil price strength.

Key drivers:

• Rate gap: The Bank of England is expected to proceed cautiously with interest rate cuts, while the Bank of Canada maintains a neutral stance after its recent rate reduction.

• Risk/commodities: Oil prices are significantly elevated, benefiting the Canadian economy, but continued trade tensions with the U.S. have put pressure on the Canadian dollar.

• One macro factor: Slowing GDP growth in the UK may hinder the pound's momentum, influencing its value against the CAD.

Range: GBP/CAD is likely to hold within its recent stable range as it trades near highs.

What could change it:

• Upside risk: A positive surprise in UK economic data could boost the GBP.

• Downside risk: Further deterioration in U.S.-Canada trade relations could weaken CAD and pressure GBP/CAD 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 =
1.8728We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d+0.2%▲
90dHighs◓
GBP to CAD is at 90-day highs near 1.8795, 1.5% above its 3-month average of 1.8518, having traded in a very stable 2.4% range from 1.8346 to 1.8795
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  1 CAD = 0.5340 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