GBPCAD: Bullish Continuation Ahead?! 🇬🇧🇨🇦
One of the pairs that we discussed on the today's live stream
is GBPCAD.
The price nicely respected a key daily/intraday horizontal support.
A double bottom pattern on that and a bullish violation of its neckline
provide strong bullish confirmations.
I expect up move to 1.8666
❤️Please, suppo
Related currencies
GBPCAD Will Grow! Long!
Please, check our technical outlook for GBPCAD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.857.
Considering the today's price action, probabilities will be high to see a movement to 1.865
GBPCAD SHORTMarket structure bearish on HTFs DH
Entry at both Weekly and Daily AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Daily EMA retest
Previous Structure point Daily
Around Psychological Level 1.85500
H4 Candlestick rejection
Rejection from Previous structure
Levels 4.04
Entry 100%
REMEMBER :
GBP/CAD BEARS ARE GAINING STRENGTH|SHORT
GBP/CAD SIGNAL
Trade Direction: short
Entry Level: 1.858
Target Level: 1.849
Stop Loss: 1.863
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 3h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPCAD Will Explode! BUY!
My dear followers,
I analysed this chart on GBPCAD and concluded the following:
The market is trading on 1.8563 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.8667
Safe Stop Loss - 1.8504
About Used In
GBPCAD - Looking To Sell Pullbacks In The Short TermH1 - Strong bearish move.
No opposite signs.
Expecting further continuation lower until the two Fibonacci resistance zones hold.
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GBPCAD LONG FORECAST Q3 D8 W28 Y25GBPCAD LONG FORECAST Q3 D8 W28 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are som
GBPCAD: Classic Pullback Trade for TodayThe GBPCAD pair formed a head and shoulders pattern at a crucial daily/intraday horizontal support level.
The recent breach of its neckline indicates a notable strength of buyers, suggesting a bullish momentum.
Given this technical setup, I anticipate that the pair could rally and potentially re
GBPCAD LONG FORECAST Q3 W28 Y25GBPCAD LONG FORECAST Q3 W28 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of CADGBP is 0.5430 GBP — it has increased by 0.11% in the past 24 hours. See more of CADGBP rate dynamics on the detailed chart.
The value of the CADGBP pair is quoted as 1 CAD per x GBP. For example, if the pair is trading at 1.50, it means it takes 1.5 GBP to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADGBP has the volatility rating of 0.06%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADGBP showed a 0.69% rise over the past week, the month change is a 0.43% rise, and over the last year it has decreased by −3.74%. Track live rate changes on the CADGBP chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
CADGBP is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CADGBP right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CADGBP technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADGBP shows the neutral signal, and 1 month rating is sell. See more of CADGBP technicals for a more comprehensive analysis.