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April 30, 2025

GBP/CAD Forecast: Pound Weakens After Canadian Election Results

Looking forward, the Pound to Canadian Dollar (GBP/CAD) exchange rate faces a pivotal moment with the release of Canada’s latest GDP figures. March’s preliminary data will clarify the effects of Trump’s tariffs on the Canadian economy. A potential growth slump may cause the loonie to retreat further, presenting an intriguing development for traders. Monitoring these economic indicators will be essential for anticipating market shifts.

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