GBPCAD chart by TradingView


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.


The Best Pound Pairs for Different BoE Rate Decision Outcomes

If it weren't for the remarkable swell in the August consumer inflation (CPI) statistics from the UK earlier this week, the upcoming Bank of England rate decision would have been far less interesting.
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Analyst Picks

Martin Essex, MSTA

Martin Essex, MSTA   

Analyst and Editor

My Picks: Short GBP/CAD
Expertise: Economics and Technical Analysis
Average Time Frame of Trades: Few days - Few weeks

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