British Pound / Canadian Dollar (GBP/CAD)
Monitor the British Pound (GBP) against the Canadian Dollar (CAD). Get real-time forex data and insights for effective trading at FP Markets .
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British Pound / Canadian Dollar (GBP/CAD) Trading FAQ
Therefore, when is the best moment to invest? When the European trade session begins, significant activity in GBP/CAD typically happens. Between 08:00 and 17:00 GMT, this is the time zone. However, the majority of UK economic data is released between 07:00 and 09:30 GMT, whereas the majority of US economic data is released between 13:30 and 15:00 GMT.
Factors that influence the GBP/CAD value? The interest rates set by the European Central Bank can have a profound impact on this currency pair.
CFDs (contracts for difference) are one of the most popular ways to trade currencies like GBP/AUD, as you may already know. Many Forex brokers are available on the market. See if you can locate one that meets your requirements. Like FP Markets, a regulated broker that provides a wide range of platforms and accounts to meet the needs of traders of all levels.
