GBPCAD: DISTRIBUTION ON DAILYHere is my idea, GBPCAD Still On bearish pressure.
If you have any idea, leave comment and like below here
Gbpcadanalysis
GBPCAD BuyThis is my idea on GBPCAD pair.
Pattern: Bullish Butterfly
What do you guys think?
Good Luck Everyone.
GBP/CAD Running In 70 Pips, New Entry To Who Missed First One This 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
GBP/CAD LongChances are high that GBP / CAD will go above this price. But the scenario that is possible is to go down to 1.71800 and from there go the real long.
GBP/CAD New Long Setup After 4H Confirmation To Get 200 PipsThis 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
GBPCADGBPCAD
In higher timeframe GBPCAD is moving in ascending Triangle. Wait for break-out in either way.
GBPCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP/CAD:RANGE AREA / SUPPLY AND DEMAND ANALYSIS / NEXT TARGET🔔 Welcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
GBPCAD ANALYSISThis pair has been on a range for quite some time and once again we are testing the resistance at 1.75500, if the market closes below this resistance we can enter on a short and see if we can break the small range we are in to test the support of 1.7300. If however we can close above this resistance, we might see an impulse to test the resistance at 1.7700, both sides have promissing trades so wait for the market to close and give the best entries for each situation.
GBPCAD - Long Trade IdeaGBPCAD, 15m Buy
Entry - 1.73400
Stop Loss - 1.73050 (35 pips)
Take Profit 1 - 1.74200 (80 pips)
Take Profit 2 - 1.75000 (160 pips) (for swing traders)
(a double bottom was formed, look on a 15m chart)
Don't miss the strong SELL opportunity for GBPCADHello traders,
GBPCAD pair is gonna test a STRONG Trendline & a Strong resistance zone ( of rectangle ) which will make the pair move DOWN STRONGLY .
It's not a Financial Advice.
GBPCAD Bearish Idea (Weekly Timeframe)For the past two weeks, we observed CAD weakness against several currencies including the Pound! As far as GBPCAD goes we are approaching a very important zone! A zone that stood steadily against bears since March this year!
The bears' dominance is subjected to lower timeframe price action, especially on H4 and H1! Any reversal pattern or candlestick formation will be taken as confirmation for bears' dominance!
GBPCAD DAILY TIMEFRAME ANALYSIS SELLWe consider selling this GBPCAD pair because of a strong resistance above. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
💡 GBP/CAD Potential short opportunity.Hi traders. My analysis on GBP/CAD is suggesting more Pound weakness ahead. We are bearish on the daily with a Fib rejection off the 38.2. On the 1h we have formed a H&S pattern which is looking like it will break the neckline as well as the trendline. When we do a minor test of the neck line is what i will look for to enter the short position. My TP1 is at 1.72704 TP2 1.71736
GBPCAD Bullish Scenario (H4 Timeframe)Last week I shared GBPCAD Bullish Scenario Analysis ( ). But on Friday, we saw massive bearish moves on this pair that was possibly brought by a fundamental news release! Today
I share the same analysis but on a lower timeframe (H4 Timeframe) which shows bullish strength in this new week!
A more bullish move is expected in this pair!
GBP/CAD:FUNDAMENTAL ANALYSIS+PRICE ACTION|NEXT TARGET|LONG 🔔🔔UK Retail Sales for July decreased 2.5% monthly and increased 2.4% annualized. Economists predicted an increase of 0.4% and 6.0%. Forex traders can compare this to UK Retail Sales for June, which increased 0.2% monthly and 9.2% annualized. UK Core Retail Sales for July decreased 2.4% monthly and increased 1.8% annualized. Economists predicted an increase of 0.3% and 5.7%. Forex traders can compare this to UK Core Retail Sales for June, which increased 0.3% monthly and 6.8% annualized.
UK Public Sector Net Borrowing for July was reported at £9.620B and UK Public Sector Net Cash Requirements at -£2.290B. Forex traders can compare this to UK Public Sector Net Borrowing for June, reported at £20.730B, and UK Public Sector Net Cash Requirements, reported at £11.193B.
Canadian Retail Sales for June are predicted to increase 4.4% monthly, and Canadian Core Retail Sales are predicted to increase 4.6% monthly. Forex traders can compare this to Canadian Retail Sales for May, which decreased 2.1% monthly, and Canadian Core Retail Sales, which decreased 2.0% monthly.
The forecast for the GBP/CAD turned bearish for the short-term after extending a powerful rally. Traders should prepare for a minor sell-off, but the long-term uptrend is intact, and price action can move higher.
Positive trends also exist in the Ichimoku Kinko Hyo Cloud, and after this currency pair corrects into it, an extension of the advance is likely to follow. After the stochastic accelerated into extreme overbought territory, traders should await a pullback and remain patient. Can bears pressure the GBP/CAD into a correction before bulls resume their stampede higher?
GBPCAD SellThis pair can be seen rejecting a supply zone.... This is a Good Sell bias guys. Good luck!
GBPCAD will trigger new lows The previous move was clearly a five-wave downward move. now the price is retraced about 50% of the past move. we can expect the trend to resume its downward direction. but first the instrument can retrace some more and goes up to reach about 61.8 to 78.6 fib ret. you can short it now with Reward/ risk 3.5. Good luck.
GBPCAD, 4hr tf, double top pattern
As you can see, this is a potential double top pattern for GBPCAD.
Price already broken below the neckline and currently retracing.
If price touch 61.8% fibonacci level, we will be happy to initiate sell from that point.
Sell GBPCAD 1.7420
Stop loss 1.7510
Take profit 1.7150 (3R)
Use only 1-2% risk
Good luck
GBPCAD SETUPgbpcad will be first down to 1.73500
and will contune the uptrend to 1.74600
be careful :)
always re analiyze
GBP/CAD LONG TRADE IDEAThe uptrend remains in place, and I believe the slightly corrected rally will continue this week.
A signal for a trend reversal will be a breakdown of the price below 1.72600
GBPCAD BuyThe market made bullish engulf candle on the Friday with the support of 200EMA. A strong indication of further upside.
