Get started

GBPCAD

GBPCAD - Is Bullish Breakout Ahead?TF: 4h GBPCAD is initiating along opportunity by completing 4th intermediate wave at 1.83464 . We can expect a retracement then reversal with near the lower trendline of the parallel channel. Once price comes down, we will have the opportunity to go long with minimum stop level at low of the wave 4 at 1.83640 . The bullish scenario is capable GBPCAD to provide 1.8654 - 1.8748 targets to the buyers. If the breakdown occurs, wave (4) will go deep. We update this chart time to time. Traders should only buy after a clear reversal.
by Money_Dictators
1
GBPCAD My Opinion! BUY! My dear friends, Please, find my technical outlook for GBPCAD below: The price is coiling around a solid key level - 1.8475 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.8526 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBPCAD INTRADAY Breakout retest The GBP/CAD currency pair maintains a bullish sentiment, supported by the prevailing uptrend. Recent intraday price action shows a corrective pullback toward the previous consolidation zone and the support trendline area. Bullish Scenario: The key trading level to monitor is 1.8400, which represents the previous consolidation range. A successful bullish bounce from this level could trigger an upside move toward the 1.8640 resistance. Sustained bullish momentum could then target the next resistance levels at 1.8730 and 1.8800 over the longer timeframe. Bearish Scenario: Conversely, a decisive break below 1.8400, with a daily close below this level, would invalidate the bullish outlook. This could open the way for a deeper retracement toward 1.8310, with further downside potential targeting 1.8200. Conclusion: The overall sentiment remains bullish as long as 1.8400 holds as support. Traders should look for bullish confirmation at this level to sustain upward momentum. A break below 1.8400 would indicate a potential trend reversal, signaling further downside risk. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
GBP/CAD 4H ANALYSIS – BULLISH BREAKOUT OR REVERSAL ?📉 Descending Channel 🔴 The price was moving inside a downward trend (channel) 📉, but it broke out ✅, signaling a potential bullish move 📈. 📍 Demand Zone (Support) at 1.85000 - 1.84201 🟦 Buyers stepped in here, pushing the price up 🚀. 🛑 Stop Loss: 1.84201 🔻 (If price falls below this, the bullish setup may fail ❌). 📍 Resistance Area Around 1.86000 - 1.86500 🔵 Key level to watch! If the price breaks above this zone, expect more upside 📈. 🎯 Target Point: 1.87727 🎯 If buyers remain strong, price could hit this level next! 🎯🚀 📊 Indicator Check: 📍 9-period DEMA (1.85000) 🟡 – Price is above this moving average, favoring a bullish bias ✅. 🔥 Possible Trade Setup: ✅ Buy Entry near 1.85000 - 1.85500 🎯 Target: 1.87727 📈 🛑 Stop Loss: 1.84201 🚨 If price breaks below 1.85000, be cautious ⚠️! A reversal to the downside could happen. 🚀 Overall Bias: Bullish (📈) above 1.85000, Bearish (📉) below **1
Long
by Jameshead007
GBPCAD Set To Fall! SELL! My dear subscribers, My technical analysis for GBPCAD is below: The price is coiling around a solid key level - 1.8578 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.8493 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
GBPCAD - Weekly Forecast,Technical Analysis & Trading IdeasTechnical analysis is on the chart! No description needed! OANDA:GBPCAD __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Long
by ForecastCity
16
Bearish drop?GBP/CAD is reacting off the resistance level which is a pullback resistance that lines up with the 50% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.8582 Why we like it: There is a pullback resistance level that lines up with the 50% Fibonacci retracement. Stop loss: 1.8736 Why we like it: There is a pullback resistance level. Take profit: 1.8397 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
GBPCAD INTRADAY oversold bounce back supported at 1.8400The GBP/CAD currency pair maintains a bullish sentiment, supported by the prevailing uptrend. Recent intraday price action shows a corrective pullback toward the previous consolidation zone and the support trendline area. Bullish Scenario: The key trading level to monitor is 1.8400, which represents the previous consolidation range. A successful bullish bounce from this level could trigger an upside move toward the 1.8640 resistance. Sustained bullish momentum could then target the next resistance levels at 1.8730 and 1.8800 over the longer timeframe. Bearish Scenario: Conversely, a decisive break below 1.8400, with a daily close below this level, would invalidate the bullish outlook. This could open the way for a deeper retracement toward 1.8310, with further downside potential targeting 1.8200. Conclusion: The overall sentiment remains bullish as long as 1.8400 holds as support. Traders should look for bullish confirmation at this level to sustain upward momentum. A break below 1.8400 would indicate a potential trend reversal, signaling further downside risk. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
Bullish bounce off pullback support?GBP/CAD is reacting off the pivot and could potentially rise to the 61.8% Fibonacci resistance. Pivot: 1.8373 1st Support: 1.8223 1st Resistance: 1.8532 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
Bullish bounce off pullback support?GBP/CAD has bounce of the support level which is a pullback support that lines up with the 38.2% Fibonacci retracement and could rise from this level to our take profit. Entry: 1.8357 Why we like it: There is a pullback support level that aligns with the 38.2% Fibonacci retracement. Stop loss: 1.8234 Why we like it: There is a pullback support level that lines up with the 50% Fibonacci retracement. Take profit: 1.8512 Why we like it: There is an overlap resistance level that lines up with the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
Bearish drop?GBP/CAD is rising towards the pivot and could drop to the 1st support. Pivot: 1.8518 1st Support: 1.8369 1st Resistance: 1.8635 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Gold Bearish Setup–Head & Shoulders Breakdown target 2990This setup on the 1-hour chart of XAUUSD presents a head and shoulders pattern, which is a well-known reversal formation indicating a potential bearish move. Key Observations: 1. Head and Shoulders Formation - The left shoulder, head, and right shoulder are clearly marked. - The neckline of the pattern has already been broken, confirming the bearish bias. - Price is currently retesting the neckline, which often acts as resistance after a breakout. 2. Sell Entry Zone (3028 Region) - The marked sell entry is positioned around 3028, which aligns with the neckline retest. - If price rejects this level, it confirms seller dominance and increases the probability of a continuation downward. - A strong rejection candle at this level could be a good confirmation to enter a short position. 3. Bearish Targets: - First Target: 3004 - This level represents a strong demand zone where buyers previously stepped in. - A reaction may occur here, but if momentum remains bearish, price could continue lower. - Second Target: 2988 - This is a deeper support area where price could head if selling pressure remains strong. - This level aligns with previous liquidity zones and a key structure support area. Bearish Confirmation Signals to Watch: - Rejection candles (wicks, bearish engulfing, or pin bars) at 3028 - Break of minor support levels with strong volume - Failure of buyers to reclaim the neckline zone (3028 region) Invalidation of Bearish Bias: - If gold closes above 3028 and sustains above this level, it could invalidate the bearish setup. - A break above the right shoulder zone would signal potential bullish continuation. Sell Entry: Around 3028 (Neckline Retest) First Target: 3004 (Initial Support Zone) Second Target: 2988 (Major Support Level)
OANDA:XAUUSDShort
by TRADE_CENTER_1
1
GBP/CAD bullish sideways consolidation supported at 1.8470The GBP/CAD currency pair maintains a bullish sentiment, supported by the prevailing uptrend. Recent intraday price action shows a corrective pullback toward the previous consolidation zone and the support trendline area. Bullish Scenario: The key trading level to monitor is 1.8470, which represents the previous consolidation range. A successful bullish bounce from this level could trigger an upside move toward the 1.8750 resistance. Sustained bullish momentum could then target the next resistance levels at 1.8900 and 1.9020 over the longer timeframe. Bearish Scenario: Conversely, a decisive break below 1.8470, with a daily close below this level, would invalidate the bullish outlook. This could open the way for a deeper retracement toward 1.8350, with further downside potential targeting 1.8200. Conclusion: The overall sentiment remains bullish as long as 1.8470 holds as support. Traders should look for bullish confirmation at this level to sustain upward momentum. A break below 1.8470 would indicate a potential trend reversal, signaling further downside risk. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation