Forex Cross
GBP/CAD — British Pound / Canadian Dollar
2.0 – 5.0 pips · 110 – 180 pips
GBP/CAD mixes UK policy risk with oil exposure. Ranges are wide and trends can persist for weeks when oil and BoE expectations align.
Risk first
Numbers below are typical ranges, not guarantees — spreads, swaps and volatility differ per broker and market regime. Size every position from your stop distance and account risk, never from a fixed lot habit.
Contract specifications
| Spec | Value |
|---|---|
| Contract size | 1.00 lot = 100,000 GBP |
| Pip / tick value | 0.0001 → ca. 7 – 8 USD / 1.00 lot |
| Typical spread | 2.0 – 5.0 pips |
| Typical daily range | 110 – 180 pips |
| Best trading hours | London/NY overlap |
What moves this market
- ▸Oil prices via the CAD leg
- ▸BoE vs BoC policy
- ▸UK data surprises
Correlations to watch
- ▸Positive to GBP/AUD in GBP-driven phases
- ▸Negative to crude oil
How traders approach it
- ▸H4 and daily swing structure
- ▸Enter after both London and NY have opened
- ▸Wide stops, small size
Typical mistakes
- ▸Trading the pair overnight in thin liquidity
- ▸Ignoring oil inventory data
Related instruments
Analyse it in FX CURIO
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