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British Pound Sterling to Canadian Dollar (GBP/CAD) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: December 7, 2024 (7:08)
Reverse forecast: CAD to GBP
Pound / Canadian Dollar price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 Pound (GBP) to Canadian Dollar (CAD) | 180.7 | 178.2 | 178 | |
| 200 Pound (GBP) to Canadian Dollar (CAD) | 361.4 | 356.4 | 356 | |
| 500 Pound (GBP) to Canadian Dollar (CAD) | 903.5 | 890.9 | 890 | |
| 1000 Pound (GBP) to Canadian Dollar (CAD) | 1807 | 1781.8 | 1779.9 | |
| 3000 Pound (GBP) to Canadian Dollar (CAD) | 5420.9 | 5345.4 | 5339.8 |
How much will the GBP/CAD currency pair cost in 2025, 2026 and 2027? What is the forecast for the GBP/CAD currency pair? What is the target price of the Pound / Canadian Dollar 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 Pound rise or fall against the Canadian Dollar?
Identifying the trend of the GBP/CAD currency pair
The latest insights into the potential impacts on the GBPCAD exchange rate reveal a slightly optimistic outlook. Toll Brothers' expansion in the luxury housing market suggests a bolstering of U.S. economic confidence, which could indirectly influence strengthened positions for the GBP due to potential international capital flows. This aligns with the Somewhat-Bullish sentiment scores observed.
In contrast, the neutral sentiment attached to the news about EMCOR and MasTec indicates that these infrastructure developments are not expected to significantly impact the GBP, maintaining a balanced stance amid current U.S.-Canada economic activities.
Moreover, the resilience of the Indian Rupee is noteworthy, showcasing the dynamic regional currency disparities that might not overly perturb the GBPCAD's state. This neutrality underscores the resilient nature of global markets in balancing varied influences. Investors should prepare for a near-term stability in the GBPCAD due to these cumulative factors, while staying vigilant to potential shifts in investment confidence that may arise unexpectedly from broader geopolitical or economic developments.
GBP Trend Prediction
As of now, Panda has analyzed 45 news pieces concerning the GBP currency. The average relevance score for these news items is 0.29 (with the closer to 1 being more relevant).|
2024-12-05
|
Bullish | Impact: 0.17 | News: 1 (1/0/0) |
|
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) |
Jim Cramer Discusses Speculative Health Care Stock and Automotive Giants
December 5, 2024 (14:03)
Trend: Somewhat-Bullish
Influence: 0.17
The news regarding Merus N.V.'s FDA approval may indirectly create optimism in sectors connected to biotechnology and healthcare, potentially influencing investment flows into markets associated with the British pound. Such positive developments in health sectors could also boost investor sentiment toward global economic prospects, resulting in a somewhat-bullish impact on the GBP exchange rate.
Toll Brothers Launches Model Homes in Three Luxurious Cumming, Georgia Communities
December 4, 2024 (15:19)
Trend: Somewhat-Bullish
Influence: 0.33
The expansion of Toll Brothers into new luxury home communities suggests increased confidence in the US housing market, which can attract foreign investments and impact forex markets. As a result, the GBP is monitored closely due to the potential influence on international capital flows, leading to a somewhat bullish sentiment.
CAD Trend Forecasting
Regarding the CAD currency, 7 news pieces were analyzed. The average relevance of these news items is 0.24 (the closer to 1, the higher).|
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 Plans Counter Tariffs as Trump Threatens Duties, Loonie Faces Pressure
November 27, 2024 (21:45)
Trend: Bearish
Influence: -0.38
The potential introduction of retaliatory tariffs by Canada in response to Trump's proposed duties on Canadian imports has created uncertainty and weakened investor confidence in the Canadian dollar. This tension is reflected in the bearish sentiment towards the CAD, as the exchange rate faces downward pressure due to anticipated disruptions in trade relations.
Goldman Sachs Predicts Selloffs in CAD and MXN Due to Trump Tariff Proposals Threatening USMCA
November 26, 2024 (21:48)
Trend: Neutral
Influence: -0.02
The proposed tariffs by President-elect Trump could disrupt North American trade, leading to a weaker Canadian dollar. This uncertainty and potential economic impact are reflected in the CAD's neutral sentiment, indicating cautious market reactions.
This chart provides a comparative trend analysis of sentiment scores over time for GBP and CAD 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 Pound/Canadian Dollar currency pair
The chart below shows the historical quotes of the GBP/CAD 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 Pound/Canadian Dollar rate can be found in the table below.
Long-term forecasts by years.
GBP Main News
Toll Brothers Unveils New Luxury Home Models in Georgia Communities
December 4, 2024 (15:19)
Trend: Somewhat-Bullish
Influence: 0.29
The news regarding Toll Brothers' expansion into luxury home markets could be interpreted as a positive signal for U.S. economic performance, indirectly strengthening the U.S. dollar against other currencies, including the GBP. Consequently, the GBP reaction is somewhat bullish as markets anticipate stable economic conditions resulting from such developments in the housing sector.
Analyst Blog Highlights Key Players: EMCOR, MasTec, and More
December 4, 2024 (10:00)
Trend: Neutral
Influence: 0.09
The news on major infrastructure and systems companies, like EMCOR and MasTec, has a neutral effect on the GBP exchange rate. This suggests that current market dynamics do not view these companies' U.S.-based activities as directly influential to GBP fluctuations.
Rupee Stands Strong: A Leading Asian Currency Amidst USD Strength - ETCFO
December 3, 2024 (07:28)
Trend: Neutral
Influence: 0.05
The Indian Rupee's resilience against global uncertainties highlights India's strong economic fundamentals, presenting a neutral sentiment impact on the GBP due to varied regional currency performances. While the rupee's strength impacts Asian markets, the slight effect on GBP suggests a balanced view in the global currency arena.
Is Comfort Systems USA (FIX) Leading Among Construction Stocks in 2024?
December 2, 2024 (19:20)
Trend: Somewhat-Bullish
Influence: 0.33
The performance of construction stocks like Comfort Systems and Sterling Infrastructure can impact the economic outlook, contributing to investor sentiment in the currency markets. As a result, positive developments in this sector have led to a somewhat bullish effect on the GBP exchange rate, as reflected by investor confidence in broader economic growth.
Changes in Short Interest for Sterling Infrastructure: Implications and Insights
December 2, 2024 (17:45)
Trend: Somewhat-Bullish
Influence: 0.2
The decline in short interest for Sterling Infrastructure may indicate increased investor confidence, leading to a somewhat bullish outlook on the company's performance. This improved sentiment could have a positive influence on the GBP exchange rate as it reflects broader economic optimism in sectors involving British investment.
Select These 4 Stocks With Strong Interest Coverage Ratios
December 2, 2024 (15:29)
Trend: Somewhat-Bullish
Influence: 0.16
The robust interest coverage ratios of these companies signal financial stability, which positively influences investor sentiment and can strengthen global market confidence. This reassurance among investors contributes to a somewhat bullish outlook for the GBP, as it benefits from increased risk tolerance and appetite for investments in stable entities.
Why Sterling Infrastructure Could Be Your Next Top Investment Opportunity
November 29, 2024 (17:00)
Trend: Somewhat-Bullish
Influence: 0.18
The news highlights Sterling Infrastructure's potential as a strong investment, leading to positive sentiment around the GBP due to expectations of growth in sectors related to this company. This somewhat bullish sentiment suggests investor optimism, which can strengthen the GBP as demand for related assets may increase.
Investor Interest in Sterling Infrastructure, Inc. (STRL) on the Rise: Key Insights
November 28, 2024 (14:00)
Trend: Somewhat-Bullish
Influence: 0.19
The somewhat bullish sentiment towards GBP suggests a positive outlook potentially due to increased investor attention on Sterling Infrastructure. This attention could hint at stronger investment flows or economic confidence, influencing the GBP exchange rate positively.
Sterling Infrastructure's Potential for Market Outperformance
November 27, 2024 (17:45)
Trend: Bullish
Influence: 0.36
Sterling Infrastructure's positive financial outlook is leading to increased confidence among investors, potentially enhancing the GBP's strength in the forex market. The bullish sentiment surrounding Sterling Infrastructure could reflect broader economic optimism for regions associated with the GBP.
Sterling Infrastructure, Inc. (STRL) Reaches Yearly Peak: Continuation in Sight?
November 27, 2024 (14:15)
Trend: Bullish
Influence: 0.44
The bullish sentiment towards Sterling Infrastructure reflects positively on the GBP, as strong performance by companies with relevant impact can bolster investor confidence in the currency. With Sterling Infrastructure hitting a 52-week high, market participants may anticipate further economic benefits, thereby supporting the GBP exchange rate.
Sterling Stock Soars by 67.2%: Investment Prospects Examined
November 26, 2024 (15:49)
Trend: Bullish
Influence: 0.38
The strong performance and growth opportunities in e-infrastructure for STRL are likely boosting investor confidence in the GBP, hence the bullish sentiment. This optimism reflects increased capital flow into the UK market, positively impacting the currency's valuation.
Columbia Financial, Inc. Names New Senior Executive VP and COO
November 25, 2024 (21:45)
Trend: Neutral
Influence: 0
The news about Columbia Financial, Inc.'s executive appointment is likely viewed as routine corporate restructuring with no major economic impact, hence its neutral effect on the GBP. The absence of direct connections to macroeconomic factors or significant market-moving events explains the lack of impact on the GBP exchange rate.
Columbia Financial Appoints Matthew Smith as Senior Executive VP and COO
November 25, 2024 (21:45)
Trend: Neutral
Influence: 0
The announcement of Columbia Financial's appointment is not directly related to the GBP, resulting in a neutral impact on its exchange rate. This is reflected in the neutral ticker sentiment score associated with the GBP.
KBR's Innovation in Angola Enhances Sustainable Agriculture and Food Security
November 25, 2024 (14:57)
Trend: Neutral
Influence: 0.14
The development of sustainable agriculture in Angola by KBR may have indirect effects on the GBP exchange rate due to potential shifts in trade relationships and global market dynamics. However, given the neutral sentiment score and low relevance to the GBP, any impacts are likely minimal and not directly associated with currency fluctuations.
Pro-Crypto Advocate Scott Bessent Nominated for US Treasury Secretary Role
November 23, 2024 (00:06)
Trend: Neutral
Influence: 0.05
Scott Bessent's nomination as Treasury Secretary, recognized for his favorable views on cryptocurrency, has introduced a level of optimism in the financial sphere, yet this has resulted in a neutral impact on the GBP. The GBP's minor sentiment shift suggests that market participants are cautiously observing potential cryptocurrency policy changes that could influence broader economic dynamics.
CAD Main News
Canadian Dollar and Mexican Peso Weaken Amid Trump's Tariff Plans
November 26, 2024 (14:27)
Trend: Neutral
Influence: -0.04
The announcement of potential tariffs by President-elect Trump has created uncertainty in the foreign exchange market, likely leading to a cautious outlook for the Canadian dollar. The negative sentiment score further suggests that traders anticipate economic challenges for Canada due to its trade relationship with the U.S.
Invesco Canada Declares November 2024 ETF Cash Distributions
November 21, 2024 (21:30)
Trend: Somewhat-Bullish
Influence: 0.17
The announcement of cash distributions by Invesco Canada might positively influence the CAD as it indicates a healthy flow of investments and returns within Canadian markets. This encourages investor confidence and can lead to increased demand for Canadian dollars, hence the somewhat bullish sentiment for the CAD.
Unitholder Meeting Called by BlackRock Canada for Modifying iShares ETF Investment Objective
November 8, 2024 (22:34)
Trend: Somewhat-Bullish
Influence: 0.21
The news of BlackRock Canada's decision to call a unitholder meeting for an investment objective change likely boosts investor confidence in the Canadian market, leading to a somewhat bullish outlook for the CAD. Such actions indicate proactive management and potential strategic enhancement of fund performance, which can positively impact the currency's perception.
Bitcoin Price Reaches €68K Record as Focus Shifts to Gold
October 30, 2024 (08:26)
Trend: Neutral
Influence: -0.06
The news of Bitcoin reaching a new all-time high against major currencies may highlight its strength compared to traditional assets like fiat currencies, causing some investors to potentially move away from the CAD. The neutral sentiment score indicates a balanced effect, suggesting that any impact on the CAD exchange rate might be limited or fluctuating.
Bank of Canada Uncovers Mixed Feelings on Digital Dollar Adoption
October 29, 2024 (08:30)
Trend: Somewhat-Bullish
Influence: 0.17
The skepticism surrounding the digital Canadian dollar suggests that while there is some interest, citizens' strong trust in traditional cash and card payments may limit immediate adoption. This cautious approach likely provides stability to the CAD exchange rate, as reflected in the positive yet restrained sentiment score.
Comprehensive Analysis of News and Events influencing the GBPCAD 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 Pound/Canadian Dollar 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.
Pound / Canadian Dollar Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Dec 09 | 1.8070 | 1.7954 | 1.8157 | 1.13 % |
| Dec 10 | 1.8028 | 1.7941 | 1.8107 | 0.93 % |
| Dec 11 | 1.7881 | 1.7724 | 1.8017 | 1.65 % |
| Dec 12 | 1.7903 | 1.7838 | 1.8035 | 1.10 % |
| Dec 13 | 1.7832 | 1.7712 | 1.7969 | 1.45 % |
| Dec 14 | 1.7818 | 1.7726 | 1.7961 | 1.33 % |
| Dec 15 | 1.7857 | 1.7812 | 1.7946 | 0.75 % |
| Dec 16 | 1.7838 | 1.7720 | 1.7914 | 1.10 % |
| Dec 17 | 1.7830 | 1.7698 | 1.7904 | 1.16 % |
| Dec 18 | 1.7646 | 1.7515 | 1.7741 | 1.29 % |
| Dec 19 | 1.7564 | 1.7489 | 1.7663 | 0.99 % |
| Dec 20 | 1.7746 | 1.7681 | 1.7828 | 0.83 % |
| Dec 21 | 1.7828 | 1.7763 | 1.7945 | 1.03 % |
| Dec 22 | 1.7902 | 1.7827 | 1.7995 | 0.94 % |
| Dec 23 | 1.7851 | 1.7757 | 1.7998 | 1.36 % |
| Dec 24 | 1.7804 | 1.7692 | 1.7870 | 1.01 % |
| Dec 25 | 1.7982 | 1.7869 | 1.8061 | 1.07 % |
| Dec 26 | 1.8031 | 1.7966 | 1.8180 | 1.19 % |
| Dec 27 | 1.7857 | 1.7792 | 1.7967 | 0.98 % |
| Dec 28 | 1.7825 | 1.7702 | 1.7969 | 1.51 % |
| Dec 29 | 1.7769 | 1.7663 | 1.7866 | 1.15 % |
| Dec 30 | 1.7753 | 1.7679 | 1.7880 | 1.14 % |
| Dec 31 | 1.7810 | 1.7706 | 1.7851 | 0.82 % |
| Jan 01 | 1.7753 | 1.7696 | 1.7854 | 0.89 % |
| Jan 02 | 1.7856 | 1.7784 | 1.7955 | 0.96 % |
| Jan 03 | 1.8027 | 1.7894 | 1.8164 | 1.51 % |
| Jan 04 | 1.7908 | 1.7855 | 1.7981 | 0.71 % |
| Jan 05 | 1.7985 | 1.7856 | 1.8090 | 1.31 % |
| Jan 06 | 1.7823 | 1.7691 | 1.7946 | 1.44 % |
| Jan 07 | 1.7799 | 1.7678 | 1.7840 | 0.92 % |
Target daily price GBP/CAD
Target values of the GBP/CAD currency pair as of 12-09-2024.
Optimistic target level: 1.8157
Pessimistic target level: 1.7954
Target values of the GBP/CAD currency pair as of 12-10-2024.
Optimistic target level: 1.8107
Pessimistic target level: 1.7941
Target values of the GBP/CAD currency pair as of 12-11-2024.
Optimistic target level: 1.8017
Pessimistic target level: 1.7724
Target values of the GBP/CAD currency pair as of 12-12-2024.
Optimistic target level: 1.8035
Pessimistic target level: 1.7838
Target values of the GBP/CAD currency pair as of 12-13-2024.
Optimistic target level: 1.7969
Pessimistic target level: 1.7712
Pound / Canadian Dollar (GBP/CAD) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 1.8387 | 1.8001 | 1.8727 | 3.88 % |
| Feb | 1.7936 | 1.7497 | 1.8277 | 4.27 % |
| Mar | 1.7551 | 1.7226 | 1.7858 | 3.54 % |
| Apr | 1.7753 | 1.7087 | 1.8143 | 5.82 % |
| May | 1.6865 | 1.6207 | 1.7228 | 5.92 % |
| Jun | 1.6443 | 1.6254 | 1.6706 | 2.71 % |
| Jul | 1.7011 | 1.6364 | 1.7648 | 7.28 % |
| Aug | 1.7308 | 1.6702 | 1.7828 | 6.31 % |
| Sep | 1.6962 | 1.6555 | 1.7157 | 3.51 % |
| Oct | 1.6343 | 1.5943 | 1.6801 | 5.11 % |
| Nov | 1.6564 | 1.6025 | 1.6945 | 5.42 % |
| Dec | 1.6497 | 1.6200 | 1.6869 | 3.96 % |
GBP/CAD forecast for this year
Forecast of the GBP/CAD pair for Jan 2025
Forecast of the GBP/CAD pair for Feb 2025
Forecast of the GBP/CAD pair for Mar 2025
Forecast of the GBP/CAD pair for Apr 2025
Forecast of the GBP/CAD pair for May 2025
Forecast of the GBP/CAD pair for Jun 2025
Forecast of the GBP/CAD pair for Jul 2025
Forecast of the GBP/CAD pair for Aug 2025
Forecast of the GBP/CAD pair for Sep 2025
Forecast of the GBP/CAD pair for Oct 2025
Forecast of the GBP/CAD pair for Nov 2025
Forecast of the GBP/CAD pair for Dec 2025
Pound / Canadian Dollar (GBP/CAD) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 1.6613 | 1.6380 | 1.7236 | 4.96 % |
| Feb | 1.6754 | 1.6151 | 1.7366 | 6.99 % |
| Mar | 1.6628 | 1.6080 | 1.6811 | 4.35 % |
| Apr | 1.7011 | 1.6594 | 1.7436 | 4.83 % |
| May | 1.7734 | 1.7104 | 1.8417 | 7.13 % |
| Jun | 1.7964 | 1.7749 | 1.8539 | 4.26 % |
| Jul | 1.8279 | 1.7931 | 1.8973 | 5.49 % |
| Aug | 1.7922 | 1.7456 | 1.8191 | 4.04 % |
| Sep | 1.7447 | 1.6880 | 1.8145 | 6.97 % |
| Oct | 1.7622 | 1.7269 | 1.8124 | 4.72 % |
| Nov | 1.7578 | 1.6910 | 1.8035 | 6.24 % |
| Dec | 1.7472 | 1.6931 | 1.7761 | 4.67 % |
Pound / Canadian Dollar (GBP/CAD) Forecast 2027 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 1.8049 | 1.7688 | 1.8762 | 5.72 % |
| Feb | 1.8049 | 1.7859 | 1.8302 | 2.42 % |
| Mar | 1.7977 | 1.7581 | 1.8390 | 4.40 % |
| Apr | 1.8354 | 1.8171 | 1.8675 | 2.70 % |
| May | 1.8125 | 1.7735 | 1.8406 | 3.64 % |
| Jun | 1.7219 | 1.6995 | 1.7520 | 3.00 % |
| Jul | 1.6599 | 1.6026 | 1.7221 | 6.94 % |
| Aug | 1.7039 | 1.6519 | 1.7558 | 5.92 % |
| Sep | 1.7004 | 1.6545 | 1.7413 | 4.98 % |
| Oct | 1.7362 | 1.7040 | 1.7665 | 3.54 % |
| Nov | 1.7127 | 1.6785 | 1.7607 | 4.67 % |
| Dec | 1.7333 | 1.7151 | 1.7532 | 2.17 % |