About British Pound / Canadian Dollar
The British Pound vs. the Canadian Dollar. This is one of the most traded pairs in the world. The Canadian Dollar, often referred to as the “Loonie”, is considered to be a commodity currency because of Canada’s heavy energy exports.
GBPCAD May Form a Broadening Wedge Ahead of BOC DecisionGBPCAD May Form a Broadening Wedge Ahead of BOC Decision
GBPCAD appears to be shaping into a Descending Broadening Wedge Pattern. The price hit strong resistance near 1.8400 and could continue moving lower, forming the C wave of the pattern.
The main driver for this setup is the upcoming Bank of
GBP/CAD Trading plan (long position)✅ GBP/CAD Trading Plan (Long Position)
Strategy: Reversal Trade + Break of Trendline
Timeframe: 4H
Date: April 13, 2025
Pair: GBP/CAD (British Pound / Canadian Dollar)
Platform: OANDA (via TradingView)
🔍 Market Insight
• The pair has been in a strong downtrend.
• Price is now:
• Bouncing off a
GBPCAD - BUYSFor self journaling purposes only
If you want to take the trade read the chart, it is self explanatory.
I am waiting on a break and close of the resistance trend-line then retest to take a buy.
Targeting 1.83963 at the very least. will protect position with trailing stop loss once in substantial
GBPCAD → False breakdown, where do we go from here?FX:GBPCAD is forming a false breakdown of trend support. Against the backdrop of the falling dollar, the pound sterling went into the rally phase, which is favorable for the currency pair.
The fundamental situation is in favor of GBP and CAD against the dollar, which continues its rapid decli
Bullish bounce off pullback support?GBP/CAD has bounced off the pivot which has been identified as a pullback support and could rise to the 1st resistance which aligns with the 61.8% Fibonacci retracement.
Pivot: 1.8091
1st Support: 1.7913
1st Resistance: 1.8417
Risk Warning:
Trading Forex and CFDs carries a high level of risk to
More DATA = Better Trades, adopt a "Top Down" approach!! All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain dir
Bullish bounce off 38.2% Fibonacci support?GBP/CAD is falling towards the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.8286
Why we like it:
There is a pullback support level that lines up with the 38.2% Fibonacci retracement.
Stop lo
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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.
Related currencies
Frequently Asked Questions
The current rate of GBPCAD is 1.83697 CAD — it has decreased by −0.37% in the past 24 hours. See more of GBPCAD rate dynamics on the detailed chart.
The value of the GBPCAD pair is quoted as 1 GBP per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPCAD has the volatility rating of 0.37%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPCAD showed a 1.06% rise over the past week, the month change is a −0.92% fall, and over the last year it has increased by 6.94%. Track live rate changes on the GBPCAD 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.
GBPCAD 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 GBPCAD 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 GBPCAD 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 GBPCAD shows the strong buy signal, and 1 month rating is buy. See more of GBPCAD technicals for a more comprehensive analysis.