GBPCAD
GBPCAD - Short active ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here we are in a bearish market structure from higher timeframe perspective, so I am looking for short. I expect bearish price action from here as we can see that price filled the imbalance and rejected from bearish order block.
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GBPCAD Going Up | Buy opportunityHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity EURAUD
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Saturation of GBPCADOutput growth in the first half of the year was more stable than expected. GDP increased 0.4% in the June quarter, although GDP and household consumption both continued to decline on a per capita basis. Domestic demand was stronger than expected as strong growth in business investment and public investment offset weak growth in household consumption during the quarter. There have also been modest upward revisions to GDP over the previous several quarters, leaving year-end GDP growth about half a percentage point higher than forecast in August. Timely indicators point to continued output. continued modest growth in the September quarter.
Gcad downwards move,more likelyMore downwards move on Gcad. I have mentioned about Eurcad last week. This time right, I am seeing more weakness on Gcad.Let's see what happen next week
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GBPCAD - Bearish Double TOP 📉
Hello Traders !
On Friday 22 Sep, The GBPCAD Broke a Strong Support Level (1.65373-1.67148)
This Key Level Becomes a New Resistance Level.
The Price Created a New Correction in The Previous Week!
Currently, The Price Formed a Double TOP Pattern.
The Neckline is Broken.
So, I Expect a Bearish Move !
i'm waiting for retest...
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TARGET: 1.63830🎯
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GBP/CAD Gave Yesterday +130 Pips 0 Drawdown , Entry For N WeekThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPCAD in bearish trend.GBPCAD is in bearish trend and printing LH and LL. There is no divergence on 1H timeframe at the moment. Oil prices are also on the rise which will probably strengthen CAD resulting in further bearish trend.
Sellers will be in control once support level of 1.66593 is broken. It will get retested and then hopefully, will go further down to 1.66067.
GBPCADGBPCAD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 1.6760
NZDCAD I Long Opportunity from Support
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Perfect Chance To Sell GBP/CAD And Get 200 Pips At Least !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
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Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPCAD - Long active ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for long. I expect bullish price action from here as we can see that price filled perfectly the imbalance and rejected from bullish order block.
Fundamental analysis: Tomorrow will be released monthly GDP in Canada, if the result is negative, it will support our analysis.
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GBPCAD - H4GBPCAD
Locally, you can consider buying from these levels (1.66547). The price corrects after a strong impulse, and the beginning of an ABC structure can be observed.
Local targets - 1.68600
What can you expect now?
You can consider entering from current levels or breaking through the level of 1.66547. It is better not to take increased risks. Cancellation of the idea from the level of 1.65960.
Targets 1.67040 - 1.67620 - 1.68600
GbpCad- Correction seems over. 1.6 next?A few days back I drew attention to the possibility of reversal for GbpAud from the strong level of resistance.
After a hanging man on Friday and a strong red day yesterday, the pair looks ready to resume its down move.
As long as the pair is under 1.6750-168 zone there are high chances of a drop to 1.6 support and also, such a trade could have a good R:R
GBPCAD Buyers In Panic! SELL!
My dear subscribers,
My technical analysis for GBPCAD is below:
The price is coiling around a solid key level - 1.6754
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.6546
My Stop Loss - 1.6865
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
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