This forex pair represents the British Pound – Canadian Dollar cross. This Sterling ('base currency') is one of the heaviest traded pairs in the world. The Loonie ('counter currency') is typically considered a commodity currency due to Canada's reliance on energy exports for growth.
Click here for live GBP/CAD rates.
Weekly British Pound and Canadian Dollar Trading Forecast
|GBP/USD Risks Larger Rebound on Fed Doves; Higher-Lows in Focus||bullish|
|Canadian Dollar Faces Conflicting Cues from BOC, Key US Data||neutral|