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Canadian Dollar to British Pound Sterling (CAD/GBP) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: December 5, 2024 (3:28)
Reverse forecast: GBP to CAD
Canadian Dollar / Pound price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 Canadian Dollar (CAD) to Pound (GBP) | 55.7 | 56.4 | 58.1 | |
| 200 Canadian Dollar (CAD) to Pound (GBP) | 111.4 | 112.9 | 116.2 | |
| 500 Canadian Dollar (CAD) to Pound (GBP) | 278.4 | 282.2 | 290.4 | |
| 1000 Canadian Dollar (CAD) to Pound (GBP) | 556.8 | 564.3 | 580.8 | |
| 3000 Canadian Dollar (CAD) to Pound (GBP) | 1670.3 | 1693 | 1742.5 |
How much will the CAD/GBP currency pair cost in 2025, 2026 and 2027? What is the forecast for the CAD/GBP currency pair? What is the target price of the Canadian Dollar / Pound currency pair for 2025-2027?
We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the Canadian Dollar rise or fall against the Pound?
Identifying the trend of the CAD/GBP currency pair
In the current market environment, the GBP's valuation is expected to experience moderate positive shifts, primarily driven by prospects in the luxury housing market and robust construction sector performance. Toll Brothers' expansion into Georgia's luxury real estate, augmented by the 'Somewhat-Bullish' sentiment scores, indicates broader economic confidence that may favorably influence GBP within the trading pair.
Meanwhile, the strong performance of Comfort Systems, reflected in its construction stock performance, suggests economic optimism, which could be a catalyst for GBP appreciation. This scenario may attract investors seeking stability amidst global market volatility.
Conversely, despite the Indian Rupee's resilience, its current impact remains neutral to negligible on the CADGBP exchange rates, suggesting that investor focus may stay on fields with more direct relevance to the GBP.
Investors should anticipate a continuation of this mixed yet slightly bullish outlook for the GBP, underpinned by economic indicators and sectoral performance insights. The slight uptick in confidence suggests a positive trajectory unless unforeseen macroeconomic shifts occur.
CAD Trend Prediction
As of now, Panda has analyzed 7 news pieces concerning the CAD currency. The average relevance score for these news items is 0.24 (with the closer to 1 being more relevant).|
2024-11-27
|
Bearish | Impact: -0.38 | News: 1 (0/0/1) |
|
2024-11-26
|
Neutral | Impact: -0.03 | News: 2 (0/2/0) |
|
2024-11-21
|
Bullish | Impact: 0.17 | News: 1 (1/0/0) |
|
2024-11-08
|
Bullish | Impact: 0.21 | News: 1 (1/0/0) |
|
2024-10-30
|
Neutral | Impact: -0.06 | News: 1 (0/1/0) |
|
2024-10-29
|
Bullish | Impact: 0.17 | News: 1 (1/0/0) |
Canada Gears Up for Tariffs In Response to Trump's Threats: Concerns Grow Over Loonie's Future
November 27, 2024 (21:45)
Trend: Bearish
Influence: -0.38
The anticipation of retaliatory tariffs between Canada and the U.S. is causing uncertainty in the markets, which typically weakens investor confidence in affected currencies. The potential for increased trade barriers could disrupt Canadian exports, leading to a bearish sentiment toward the Canadian dollar.
Trump Tariffs Cause Predicted Selloffs in CAD and MXN Amidst USMCA Concerns
November 26, 2024 (21:48)
Trend: Neutral
Influence: -0.02
The proposed tariffs by President-elect Trump could disrupt trade relationships, leading to uncertainty in economic partnerships such as the USMCA, affecting currency stability. As a result, the CAD-exchange rate may face pressure due to expected trade flow disruptions and resultant market reactions.
GBP Trend Forecasting
Regarding the GBP currency, 44 news pieces were analyzed. The average relevance of these news items is 0.29 (the closer to 1, the higher).|
2024-12-04
|
Bullish | Impact: 0.23 | News: 3 (2/1/0) |
|
2024-12-03
|
Neutral | Impact: 0.05 | News: 1 (0/1/0) |
|
2024-12-02
|
Bullish | Impact: 0.23 | News: 3 (3/0/0) |
|
2024-11-29
|
Bullish | Impact: 0.18 | News: 1 (1/0/0) |
|
2024-11-28
|
Bullish | Impact: 0.19 | News: 1 (1/0/0) |
|
2024-11-27
|
Bullish | Impact: 0.4 | News: 2 (2/0/0) |
|
2024-11-26
|
Bullish | Impact: 0.38 | News: 1 (1/0/0) |
Toll Brothers Launches New Luxury Home Communities in Georgia
December 4, 2024 (15:19)
Trend: Somewhat-Bullish
Influence: 0.33
The news about Toll Brothers' expansion into luxury housing communities could indicate economic growth and increased foreign investment interest, which might positively affect the GBP as a currency correlated with economic performance. The 'Somewhat-Bullish' sentiment score suggests a mild positive impact on GBP, signaling potential strength in the market related to luxury goods and services.
Model Homes Unveiled by Toll Brothers in Three New Cumming, Georgia Communities
December 4, 2024 (15:19)
Trend: Somewhat-Bullish
Influence: 0.29
The news of Toll Brothers opening luxury communities indicates positive growth in the U.S. real estate market, which can boost investor confidence in the broader economy. This outlook has a somewhat bullish impact on the GBP, as strong U.S. economic signals may lead to diverging economic prospects, influencing currency exchange rates.
This chart provides a comparative trend analysis of sentiment scores over time for CAD and GBP currencies, displaying their respective news coverage and associated sentiment.
By visualizing sentiment trends and news volume, investors and brokers can identify potential market-moving events, gauge market sentiment, and make more informed trading decisions.
Historical and forecast chart of the Canadian Dollar/Pound currency pair
The chart below shows the historical quotes of the CAD/GBP pair and the forecast chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Canadian Dollar/Pound rate can be found in the table below.
Long-term forecasts by years.
CAD Main News
Canadian Dollar and Mexican Peso Slip Amid Trump's Tariff Threats
November 26, 2024 (14:27)
Trend: Neutral
Influence: -0.04
The Canadian Dollar is experiencing a downturn as a result of President-elect Trump's announcement to impose significant tariffs on major U.S. trading partners. This move raises concerns over potential disruptions in trade flows between Canada and the United States, negatively impacting the CAD's exchange rate.
Invesco Canada Declares Upcoming Cash Distributions for ETFs
November 21, 2024 (21:30)
Trend: Somewhat-Bullish
Influence: 0.17
The announcement of cash distributions by Invesco Canada is perceived as a positive move for investors, potentially boosting demand for the Canadian dollar as more investors gain returns from these ETFs. This increased demand can lead to a somewhat bullish outlook for the CAD exchange rate as foreign investors may seek Canadian assets offering favorable distributions.
BlackRock Canada Summons Unitholders for Approval of iShares Premium Money Market ETF's New Investment Objective
November 8, 2024 (22:34)
Trend: Somewhat-Bullish
Influence: 0.21
The meeting called by BlackRock Canada to potentially alter the investment objective of its iShares Premium Money Market ETF suggests an increased investor interest, reflecting a more optimistic outlook on the Canadian economy. This positivity can lead to a somewhat bullish sentiment on the CAD as foreign investment flow might increase, boosting the currency's value.
Bitcoin Price Reaches €68K Milestone as Attention Shifts to Gold
October 30, 2024 (08:26)
Trend: Neutral
Influence: -0.06
As Bitcoin achieves new record highs against major fiat currencies, investor interest in cryptocurrency might lead to reduced demand for traditional currencies like the CAD. This shift could potentially put downward pressure on the CAD exchange rate, as suggested by the slightly negative sentiment score.
Bank of Canada Discovers Hesitation Toward Digital Dollar Among Canadians
October 29, 2024 (08:30)
Trend: Somewhat-Bullish
Influence: 0.17
The cautious sentiment towards a digital dollar suggests a slow adoption rate, which could initially stabilize the Canadian dollar as traditional cash and card methods persist in usage. This hesitancy, reflected in the somewhat bullish sentiment, indicates a generally positive outlook on CAD stability due to continued trust in conventional payment systems.
GBP Main News
Zacks Analyst Blog Covers Key Companies: EMCOR, MasTec, and More
December 4, 2024 (10:00)
Trend: Neutral
Influence: 0.09
The inclusion of five significant companies in the Zacks Analyst Blog merely maintains a neutral impact on the GBP exchange rate, as reflected by the slight positive ticker sentiment score. This suggests that the blog's content isn't expected to strongly influence the GBP due to the absence of direct connections or substantial changes from these particular companies to the UK's economic position.
Indian Rupee Ranks High Among Asian Currencies as a Strong Performer - ETCFO
December 3, 2024 (07:28)
Trend: Neutral
Influence: 0.05
The stability and strength of the Indian Rupee in the face of global challenges suggest that investors might be looking towards Asian markets for more balanced growth opportunities, potentially diverting some attention from European currencies such as the GBP. However, the negligible sentiment score indicates that this event currently has little direct impact on the GBP exchange rate.
Comfort Systems USA Performance vs. Other Construction Stocks in 2024
December 2, 2024 (19:20)
Trend: Somewhat-Bullish
Influence: 0.33
The news about Comfort Systems USA's performance within the construction sector suggests that strong corporate performance can bolster economic confidence, which positively affects exchange rates like the GBP. The 'Somewhat-Bullish' sentiment might imply that the GBP could experience moderate strengthening as investors look favorably on such economic indicators.
Examining Recent Decrease in Sterling Infrastructure's Short Interest
December 2, 2024 (17:45)
Trend: Somewhat-Bullish
Influence: 0.2
The reduction in short interest for Sterling Infrastructure indicates a more optimistic view towards the company, which can reflect broader investor sentiment in linked markets. This incremental positive sentiment is contributing to a somewhat bullish outlook on the GBP exchange rate, as increased confidence in related economic sectors can lead to strengthening currency values.
Invest in 4 Stocks Boasting Robust Interest Coverage Ratios
December 2, 2024 (15:29)
Trend: Somewhat-Bullish
Influence: 0.16
The GBP is experiencing a somewhat bullish sentiment due to strong interest coverage ratios from companies like STRL, LDOS, THC, and AMZN, which reflect financial stability. This financial health among major corporations supports a positive outlook for the UK's economy, indirectly benefiting the pound.
Why Sterling Infrastructure (STRL) Could Be Your Next Momentum Investment
November 29, 2024 (17:00)
Trend: Somewhat-Bullish
Influence: 0.18
The mention of 'Sterling' in the context of an infrastructure company may lead some investors to associate it with the British pound, thus slightly influencing its perception in the forex market. The somewhat-bullish sentiment indicates an optimistic although minimal affect, suggesting confidence in currencies linked to infrastructure development investments.
Increased Investor Focus on Sterling Infrastructure, Inc. (STRL): Key Insights
November 28, 2024 (14:00)
Trend: Somewhat-Bullish
Influence: 0.19
The attention garnered by Sterling Infrastructure suggests potential confidence in its future prospects, which is reflected in the 'Somewhat-Bullish' sentiment towards the GBP. This optimism could indicate expectations of growth or stability in industries related to Sterling Infrastructure, positively impacting the GBP exchange rate.
Sterling Infrastructure (STRL) Shows Exceptional Growth Potential
November 27, 2024 (17:45)
Trend: Bullish
Influence: 0.36
The news about Sterling Infrastructure's financial growth positively influences the GBP, as it reflects strong economic activity associated with the UK-based company. This bullish sentiment could boost investor confidence in the GBP, highlighting its potential for economic strength and stability.
Can Sterling Infrastructure Maintain Its 52-Week High Momentum?
November 27, 2024 (14:15)
Trend: Bullish
Influence: 0.44
The recent rise in Sterling Infrastructure's stock value has portrayed positive economic strength, which is reflected in the bullish sentiment for GBP. Investors' optimism concerning Sterling Infrastructure's performance could signal broader confidence in sectors tied to the GBP, potentially boosting the currency's appeal in foreign exchange markets.
Sterling Stock Reaches New High with 67.2% Growth: Is It the Right Time for Investors?
November 26, 2024 (15:49)
Trend: Bullish
Influence: 0.38
The bullish sentiment on the GBP is likely driven by Sterling's notable stock performance, signaling strong economic confidence and investment potential in the UK market. As Sterling demonstrates successful growth and strategic capability in the expanding e-infrastructure sector, it attracts positive investor attention, reinforcing the GBP's value.
Columbia Financial, Inc. Names Matthew Smith as New Senior Executive Vice President and COO
November 25, 2024 (21:45)
Trend: Neutral
Influence: 0
The appointment of a new executive at Columbia Financial, Inc. is expected to have a neutral impact on the GBP, likely because the news pertains to changes within an American company with no direct ties to the UK's economic indicators or market conditions. As such, the news doesn't influence exchange rates or GBP's market movements significantly.
Columbia Financial Appoints Matthew Smith as New Senior EVP and COO
November 25, 2024 (21:45)
Trend: Neutral
Influence: 0
The appointment of a new executive at Columbia Financial has no direct impact on the GBP exchange rate, as indicated by the neutral sentiment. Any changes in the GBP value are more likely influenced by broader economic indicators and policies rather than internal shifts within a U.S. financial institution.
KBR’s Ammonia Technology to Enhance Angola’s Agricultural Sector
November 25, 2024 (14:57)
Trend: Neutral
Influence: 0.14
This news is perceived as having a neutral effect on the GBP exchange rate due to its low relevance score. The development highlights a technological advancement in Angola rather than a significant economic factor directly affecting the UK's currency.
Scott Bessent, Pro-Crypto Hedge Fund Leader, Nominated as U.S. Treasury Secretary
November 23, 2024 (00:06)
Trend: Neutral
Influence: 0.05
The nomination of a pro-crypto Treasury Secretary suggests a potential shift in U.S. fiscal policy towards cryptocurrencies, which could introduce volatility in traditional forex markets including the GBP. Despite this potential for fluctuation, the current sentiment impact on the GBP remains neutral as financial markets await more concrete policy developments.
Phoenix Manufacturing Launches Major Wholesale Store Sale with Unprecedented Discounts Starting Nov. 22
November 21, 2024 (07:06)
Trend: Somewhat-Bullish
Influence: 0.32
The announcement of a major sale by a globally recognized silver jewelry supplier can signal increased economic activity and consumer spending in international markets. This boost in business could positively influence the GBP exchange rate by enhancing trade relations and economic interactions with Thailand.
Comprehensive Analysis of News and Events influencing the CADGBP currency pair
We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.
The results of forecasts of the Canadian Dollar/Pound currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2025, 2026 and 2027).
Forecasts are adjusted once a day taking into account the price change of the previous day.
Canadian Dollar / Pound Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Dec 07 | 0.5568 | 0.5524 | 0.5580 | 1.01 % |
| Dec 08 | 0.5582 | 0.5533 | 0.5607 | 1.33 % |
| Dec 09 | 0.5620 | 0.5600 | 0.5654 | 0.97 % |
| Dec 10 | 0.5612 | 0.5567 | 0.5626 | 1.07 % |
| Dec 11 | 0.5624 | 0.5575 | 0.5658 | 1.48 % |
| Dec 12 | 0.5643 | 0.5603 | 0.5665 | 1.10 % |
| Dec 13 | 0.5631 | 0.5606 | 0.5647 | 0.73 % |
| Dec 14 | 0.5604 | 0.5577 | 0.5637 | 1.07 % |
| Dec 15 | 0.5622 | 0.5602 | 0.5640 | 0.68 % |
| Dec 16 | 0.5595 | 0.5561 | 0.5632 | 1.27 % |
| Dec 17 | 0.5606 | 0.5591 | 0.5646 | 0.99 % |
| Dec 18 | 0.5588 | 0.5555 | 0.5621 | 1.19 % |
| Dec 19 | 0.5540 | 0.5504 | 0.5555 | 0.93 % |
| Dec 20 | 0.5526 | 0.5479 | 0.5551 | 1.30 % |
| Dec 21 | 0.5550 | 0.5502 | 0.5589 | 1.60 % |
| Dec 22 | 0.5551 | 0.5511 | 0.5581 | 1.27 % |
| Dec 23 | 0.5494 | 0.5470 | 0.5524 | 1.00 % |
| Dec 24 | 0.5521 | 0.5504 | 0.5547 | 0.78 % |
| Dec 25 | 0.5582 | 0.5556 | 0.5625 | 1.24 % |
| Dec 26 | 0.5612 | 0.5565 | 0.5655 | 1.62 % |
| Dec 27 | 0.5622 | 0.5594 | 0.5668 | 1.32 % |
| Dec 28 | 0.5677 | 0.5650 | 0.5713 | 1.12 % |
| Dec 29 | 0.5686 | 0.5650 | 0.5703 | 0.95 % |
| Dec 30 | 0.5675 | 0.5641 | 0.5725 | 1.50 % |
| Dec 31 | 0.5655 | 0.5628 | 0.5678 | 0.88 % |
| Jan 01 | 0.5682 | 0.5636 | 0.5723 | 1.54 % |
| Jan 02 | 0.5719 | 0.5694 | 0.5763 | 1.21 % |
| Jan 03 | 0.5723 | 0.5678 | 0.5764 | 1.52 % |
| Jan 04 | 0.5760 | 0.5738 | 0.5775 | 0.63 % |
| Jan 05 | 0.5808 | 0.5763 | 0.5833 | 1.22 % |
Target daily price CAD/GBP
Target values of the CAD/GBP currency pair as of 12-07-2024.
Optimistic target level: 0.5580
Pessimistic target level: 0.5524
Target values of the CAD/GBP currency pair as of 12-08-2024.
Optimistic target level: 0.5607
Pessimistic target level: 0.5533
Target values of the CAD/GBP currency pair as of 12-09-2024.
Optimistic target level: 0.5654
Pessimistic target level: 0.5600
Target values of the CAD/GBP currency pair as of 12-10-2024.
Optimistic target level: 0.5626
Pessimistic target level: 0.5567
Target values of the CAD/GBP currency pair as of 12-11-2024.
Optimistic target level: 0.5658
Pessimistic target level: 0.5575
Canadian Dollar / Pound (CAD/GBP) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.5376 | 0.5299 | 0.5436 | 2.51 % |
| Feb | 0.5135 | 0.5069 | 0.5245 | 3.36 % |
| Mar | 0.5051 | 0.4926 | 0.5262 | 6.39 % |
| Apr | 0.4994 | 0.4804 | 0.5138 | 6.49 % |
| May | 0.5146 | 0.5062 | 0.5243 | 3.44 % |
| Jun | 0.5208 | 0.5030 | 0.5425 | 7.29 % |
| Jul | 0.5248 | 0.5060 | 0.5444 | 7.04 % |
| Aug | 0.5295 | 0.5106 | 0.5502 | 7.18 % |
| Sep | 0.5314 | 0.5259 | 0.5532 | 4.95 % |
| Oct | 0.5409 | 0.5297 | 0.5622 | 5.78 % |
| Nov | 0.5579 | 0.5398 | 0.5769 | 6.43 % |
| Dec | 0.5716 | 0.5536 | 0.5850 | 5.38 % |
CAD/GBP forecast for this year
Forecast of the CAD/GBP pair for Jan 2025
Forecast of the CAD/GBP pair for Feb 2025
Forecast of the CAD/GBP pair for Mar 2025
Forecast of the CAD/GBP pair for Apr 2025
Forecast of the CAD/GBP pair for May 2025
Forecast of the CAD/GBP pair for Jun 2025
Forecast of the CAD/GBP pair for Jul 2025
Forecast of the CAD/GBP pair for Aug 2025
Forecast of the CAD/GBP pair for Sep 2025
Forecast of the CAD/GBP pair for Oct 2025
Forecast of the CAD/GBP pair for Nov 2025
Forecast of the CAD/GBP pair for Dec 2025
Canadian Dollar / Pound (CAD/GBP) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.5679 | 0.5554 | 0.5760 | 3.57 % |
| Feb | 0.5471 | 0.5261 | 0.5574 | 5.63 % |
| Mar | 0.5549 | 0.5351 | 0.5774 | 7.33 % |
| Apr | 0.5577 | 0.5462 | 0.5755 | 5.09 % |
| May | 0.5708 | 0.5640 | 0.5824 | 3.16 % |
| Jun | 0.5480 | 0.5370 | 0.5550 | 3.23 % |
| Jul | 0.5229 | 0.5173 | 0.5317 | 2.72 % |
| Aug | 0.5386 | 0.5322 | 0.5546 | 4.05 % |
| Sep | 0.5283 | 0.5210 | 0.5374 | 3.06 % |
| Oct | 0.5275 | 0.5176 | 0.5339 | 3.04 % |
| Nov | 0.5369 | 0.5310 | 0.5467 | 2.87 % |
| Dec | 0.5310 | 0.5136 | 0.5529 | 7.11 % |
Canadian Dollar / Pound (CAD/GBP) Forecast 2027 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.5348 | 0.5149 | 0.5426 | 5.10 % |
| Feb | 0.5448 | 0.5297 | 0.5670 | 6.56 % |
| Mar | 0.5484 | 0.5424 | 0.5568 | 2.57 % |
| Apr | 0.5562 | 0.5426 | 0.5624 | 3.51 % |
| May | 0.5746 | 0.5655 | 0.5945 | 4.87 % |
| Jun | 0.5647 | 0.5550 | 0.5745 | 3.39 % |
| Jul | 0.5553 | 0.5404 | 0.5629 | 3.99 % |
| Aug | 0.5360 | 0.5260 | 0.5452 | 3.53 % |
| Sep | 0.5183 | 0.4994 | 0.5303 | 5.83 % |
| Oct | 0.5074 | 0.4903 | 0.5253 | 6.67 % |
| Nov | 0.4867 | 0.4739 | 0.5023 | 5.65 % |
| Dec | 0.4763 | 0.4599 | 0.4892 | 5.99 % |