GBP/CAD — The Bear’s Assault After the Fortress Breach🛡️ The Battlefield Overview
GBP/CAD has been defending a major support fortress around 1.88000, a zone tested and respected multiple times. The market paused here, gathering strength, shaking off weak hands — a classic liquidity zone where smart money orchestrates their next moves.
As the week clos
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.
GBP-CAD Will Go Down! Sell!
Hello,Traders!
GBP-CAD is already going
Down from the wide horizontal
Resistance of 1.8583 so we are
Locally bearish biased and
We will be expecting a
Further bearish move down
Sell!
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Disclosure: I am part of Trad
GBP/CAD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
GBP/CAD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the
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
GBP Bearish Outlook | Potential GBP Short Setup The GBP is currently showing signs of weakness as it approaches a key resistance zone. Price action suggests a potential bearish reversal, with lower highs forming and momentum indicators signaling exhaustion. A rejection from this level could lead to a continuation of the downtrend. Traders may loo
GBPCAD SHORT Market structure bearish on HTFs DW
Entry at both Weekly and Daily AOi
Weekly Rejection at AOi
Daily Rejection At AOi
Previous Structure point Daily
Around Psychological Level 1.86000
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 4.78
Entry 100%
REMEMBER : Tra
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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.