GBP/CAD: live price, payout and trading hours

GBP/CAD shows how many Canadian dollars one British pound buys: 1.74000 means 1 GBP = 1.74 CAD. A pip is 0.0001. It is a cross with two very different personalities: the pound, driven by UK data and politics, and the loonie, tied to oil and to its giant neighbour, the United States.

On the UK side the main events are Bank of England decisions, UK CPI, wage and employment figures and GDP. On the Canadian side it is the Bank of Canada, Canadian CPI and the Labour Force Survey, plus anything that moves crude oil — OPEC+ decisions, weekly US inventory figures, supply disruptions. When oil rallies and UK data disappoint at the same time, GBP/CAD can fall quickly; the reverse combination lifts it.

Because neither side is the dollar, GBP/CAD is effectively the result of GBP/USD and USD/CAD. A big US release such as non-farm payrolls therefore still matters: it hits both underlying pairs, and any difference in how strongly the pound and the loonie respond appears here. The most active period is the London–New York overlap, when British flows and Canadian data meet. Liquidity is thinner than in the majors, so moves can be choppier.

The GBP/CAD OTC instrument on Sky Trade is generated by Sky Trade's server around the clock; it has no link to oil, the BoE or the real cross rate.