Skip to content
ForexCanada.ca

CAD pair

GBP/CAD

GBP/CAD prices sterling in Canadian dollars. It is volatile compared with most CAD pairs, combining two currencies that react strongly to their own data.

Reference rate

1.8758

Bank of Canada-derived · 2026-09-29

Pip value (10,000 units)

C$1.00

Pip size 0.0001

Most active (ET)

3 a.m.–noon ET.

GBP/CAD — last 120 Bank of Canada observations

2026-09-29 → 2026-04-09 · -1.03%

Latest
1.8565
High
1.9007
Low
1.8339

What moves GBP/CAD

  • Bank of England vs Bank of Canada
  • Oil prices
  • U.K. political and fiscal news

The Canadian angle

Wider spreads than USD/CAD at most brokers — check the cost before trading short-term.

Related: what moves the loonie · pip calculator · market hours

Registered brokers to trade GBP/CAD

  1. #1

    Interactive Brokers Canada

    CIRO-registered

    Best for: Experienced, cost-sensitive traders who want forex, futures, options and global stocks in one account

    Platforms
    TradingView
    FX pairs
    100+
    Min. deposit
    $0
    CIPF
    Yes
  2. #2

    Questrade

    CIRO-registered

    Best for: Canadians who want TFSA/RRSP investing and forex/CFD trading with one Canadian firm

    Platforms
    Proprietary
    FX pairs
    100+
    Min. deposit
    $0
    CIPF
    Yes
  3. #3

    CMC Markets Canada

    CIRO-registered

    Best for: Traders who want the widest CFD and currency-pair range from a Canadian dealer

    Platforms
    MT4, TradingView
    FX pairs
    150+
    Min. deposit
    $0
    CIPF
    Yes

    ⚠ Alberta residents generally must qualify as accredited investors to trade CFDs.

Questions

What is one pip worth on GBP/CAD in Canadian dollars?

A pip on GBP/CAD is 0.0001. On 10,000 units that's 1 CAD.

When is GBP/CAD most active?

3 a.m.–noon ET.

Where can Canadians trade GBP/CAD?

Through CIRO-registered dealers that offer forex, such as Interactive Brokers Canada, Questrade, CMC Markets Canada. Leverage on this pair is capped by CIRO margin rates.

Rates are Bank of Canada daily averages (cross rates derived via CAD) for information only — not trading prices or advice. Source: Bank of Canada.