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Forex GBP/CAD

GBP/CAD

1.85426
+0.583%
High 1.85579 Low 1.84089
86.96% 13.04%

Synopsis

GBPCAD is one of the most commonly traded currency pairs on the Forex market and indicates how much Canadian dollars are needed to buy 1 British Pound. The Forex market and the interbank market, was established in 1971 when international trade shifted from a fixed exchange rate to a floating exchange rate. Thereafter, the exchange rate of one currency relative to another is often expressed in an explicit way to express a mutually agreed upon exchange relationship. The British Pound is one of the most traded currencies in the world, and the Canadian dollar is often treated as a commodity currency because Canada's economic growth is largely dependent on energy exports. The movement of crude oil affects the performance of the Canadian dollar to a certain extent, but now this effect is slowly diminishing. The more heavily traded British Pound dominated the pair's moves. The monetary policies of major countries in the world, international balance of payments, policy changes in various count

Trading Terms

  • Contract Size 100000
  • Swap Long(Daily) % -0.00836%
  • Leverage 100X
  • Swap Short (Daily)% -0.00625%
  • Minimum Lot Size 0.01
  • Spreads 0.00024
  • Maximum Lot Size 20.00
  • Triple Swap Wednesday
  • Maximum Position 100.00
  • Trading Session

Real-time Trading Strategies

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Economic Calendar

GMT+8
Currency
Crucial
Events
Previous Value
Forecast
Actual
Crucial
12:50
GBP
BoE MPC Member Mann Speech
-
-
-
A: -
F: -
P: -
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  • Extremely Low Trading Costs

    0% trading commission ad competitive spreads.

  • Multiple Leverage Options

    Leverage up to 1000x

  • Social Trading

    Gathering elite trading master and share the community wisdom.

  • Capital Security Guaranteed

    Authoritative financial institution regulation, strict segregation of investor funds.

  • Negative Account Balance Protection

    Losses will not exceed the principal amount to enhance risk management capabilities.

  • 24/7 Customer Service Support

    12 languages are always available for investors to solve their problems.

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