CAD/GBP is a currency pair based on the value of the Canadian dollar versus the British pound sterling. Its price reflects how many pounds (the quote currency) are needed to buy one Canadian dollar (the base currency). Given that CAD is a currency driven by commodity prices, it can be affected by the import and export of materials such as wood, oil and metals. It also used to be pegged to the USD, so the economic health of the US is very important. The pound sterling can be affected by national inflation and interest rates set by the Bank of England, especially since the UK’s decision to leave the EU. View our CAD/GBP chart and spread bet or trade CFDs.
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