GBPCAD - BEARISH MOVE !Hello Traders !
On Monday 19 May, The GBPCAD reached the resistance level (1.86946 - 1.87188).
The price broke the support line.
So, I expect a bearish move📉
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TARGET: 1.84150🎯
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 08/06/2025Weekly:
-Price is at weekly highs and we could expect a reaction.
Daily:
-H&S pattern.
4H:
-Bearish W pattern.
-H&S pattern.
GBPCAD What Next? BUY!
My dear subscribers,
GBPCAD looks like it will make a good move, and here are the details:
The market is trading on 1.8440 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.8496
About Used Indicators:
The
GBPCAD SELLBy utilizing levels, historical patterns, , we can formulate a hypothesis that the market might follow a similar trajectory if bearish sentiment prevails.
GBPCAD BUY TRADE PLAN
## 📘 ForexGPT Elite Trade Plan – GBP/CAD
🔹 *Last Updated: June 12, 2025 –
🔹 *Market Type: Swing-to-Intraday Breakout with Optional Pullback Re-entry*
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### 🧠 Multi-Timeframe Technical Summary:
🔍 **1H Chart**
* Price broke above key structure resistance (1.8525) with momentum.
* Minor reject
GBPCAD Bullish Flag continuation pattern developing GBP/CAD maintains a bullish bias, supported by a well-established rising trend. Recent intraday movement suggests sideways consolidation, which may serve as a base for the next upward leg if key support holds.
Key Level: 1.8530
This zone marks the previous consolidation range and serves as a critic
GBPCAD SHORT POTENTIALGBPCAD broke the previous support level, pull-back created. Based on my strategy is a good time to sell.
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What do you think?
GBPCAD short movePrice had broken the neckline and a retested had happened and hence i expect the price to continues to drop to the next support level 1.82662 or more.
GBPCAD- Sell Position setup on 15 minute ChartGBPCAD- Sell Position setup on 15 minute Chart based on Strong Potential reversal zone. it is expected that market will pump from support level untill then we are good to hit tp 1 and Tp2 atleast. :)
GBPCAD Counter-Trend SELL(Weekly) - Price hit previous extreme high at (1.85932 - 1.87820) and was rejected forming double top neckline at (1.81470 - 1.80561) .
(Weekly) - Previous Week Candle Close is Shooting Star showing sellers taking action at Key Resistance level.
(Daily) - Price formed double top inside our resistanc
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
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.
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.