Get started

British Pound / Canadian Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

GBPCAD trade ideas

GBPCAD SELL TRADE PLAN📉 GBPCAD SELL TRADE PLAN 📅 Date: May 06, 2025 🎯 Type: Intra-Day to Short-Term Swing 📊 Confidence Level: ⭐⭐⭐⭐ (78%) 🔁 Structure Type: Reversal from H4 Supply + Liquidity Sweep 📌 Risk:Reward: 3.2:1 🔍 Market Context Bias: Bearish Primary Structure: D1 & H4 bearish sequence maintained Trigger Zone: Price tapped into H4 supply zone (liquidity sweep + inefficiency) Internal BOS: Present on H1 Volume: Clustered spike near zone, high rejection tail Macro Sentiment: CAD supported by crude oil strength; GBP softening across board Retail Positioning: GBP bullish bias, ideal for fade 🔰 SELL ENTRY ZONE Primary Sell Zone: 1.8435 – 1.8460 (H4 OB + Equal High Liquidity) Stop Loss: 1.8498 (Above inefficiency sweep + 1H ATR buffer) Entry Method: Scale-in (50% @ mid-zone, 50% @ top of zone) 🎯 TAKE PROFIT TARGETS TP1: 1.8350 → Internal liquidity grab (70+ pips) TP2: 1.8265 → Clean inefficiency + structural support TP3: 1.8180 → D1 demand + macro swing low 📏 RISK:REWARD PROFILE TP1: ~1.3:1 TP2: ~2.5:1 TP3: ~3.2:1 🧠 TRADE MANAGEMENT Initial Risk: 0.50% of portfolio SL to BE: After TP1 hit Partial Close: 60% @ TP1, 25% @ TP2, 15% trail into TP3 Exit Criteria: 1H bullish BOS + volume + RSI divergence News Filter: Exit before CAD high-impact news ⏱ VALIDITY Trade Plan Type: Intra-Day to 2-Day Swing Valid For: 24–36 hrs from first tap Expires: May 08, 2025 (NY session open) ❌ INVALIDATION H1 Close Above: 1.8500 Macro Catalyst Flip: Sudden BoC dovish bias or GBP hawkish surprise Volume Divergence: If price rises on declining volume past zone 🌐 SENTIMENT SNAPSHOT COT: CAD steady, GBP long exposure vulnerable Retail Traders: 68% long GBPCAD Cross-Confirmations: GBPAUD + GBPNZD show top structures Oil Market: Bullish (CAD-correlated) Sentiment Score: +6.5/10 ✅ TRADE SUMMARY GBPCAD presents a precise sell opportunity from H4 supply zone after sweeping local highs. The setup aligns with bearish D1 structure and macro CAD strength. Volume profile, liquidity engineering, and BOS validate this reversal. Clean downside targets offer ideal RR if managed per plan. Stay vigilant for NY session volatility or CAD data triggers. Strict invalidation guards the trade with asymmetric reward.
Short
by jibkhan111
7
GBPCAD: 700+ pips swing move in making; what you think? FX:GBPCAD After looking at the daily timeframe, we have identified the price pattern with this particular pair, we pointed out the upcoming big move based on similar move that this pair has made. Currently price has been rebounding from the strong buying zone where we expect a large volume to kick in the market. First our main aim will be to see how price react at the downtrend trendline and if price successfully breakthrough the region. We can then enter more entries with this pairs targeting long term 700+ pips. Good luck and trade safe.
Long
by Setupsfx_
11
GBP/CAD Bullish Setup:Targeting 1.86500 from Demand Zone SupportTrendline ➡️ Price is respecting an upward trendline 📈 connecting higher lows 🔵 (marked by dots). Channel ➡️ Price is moving inside an ascending channel 🚀 (controlled bullish movement). EMA (70) ➡️ The red curve ➰ is the 70 EMA. Price is near it — showing indecision but still respecting it ⚖️. Demand Zone ➡️ A strong demand zone 🔵 is marked between 1.8400–1.8440 where buyers jump in 🛒 whenever price touches it. Support Zone ➡️ A nearby support zone 🛡️ is around 1.8480–1.8500. It's acting like a stepping stone 🧗‍♂️ for price to climb. Target ➡️ The target 🎯 is clearly marked at 1.86500 — aiming for a nice breakout! 🚀📈 Summary 🔵 Stay above the demand zone ➡️ good for buys! 🛡️ Watch the support ➡️ could be a retest and bounce! ❌ If price breaks below demand zone, the setup is invalid ⚠️. Simple Trading Plan: ✅ Buy near 🔵 demand or 🛡️ support. ✅ Target 🎯 1.86500. ❌ Stop Loss below 🔵 1.8390 area.
Long
by Jameshead007
6
GBPCAD Will Explode! BUY! My dear subscribers, My technical analysis for GBPCAD is below: The price is coiling around a solid key level - 1.8389 Bias -Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.8459 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
Bearish reversal off pullback resistance?GBP/CAD is reacting off the pivot which is a pullback resistance and could drop to the 1st support which acts as a pullback support. Pivot: 1.8425 1st Support: 1.8275 1st Resistance: 1.8502 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
2 out of 2? gBPcAd..iT’s tIMe yET?1D- Daily timeframe we saw price break structure lower but after the break price did not move lower in fact we saw it retracing. 4H- Here price agreed with the daily by breaking structure higher to go take the liquidity(Internal) resting higher, if we take a closer look at the leg that broke structure higher we can than identify imbalances in price and as ICT mentions price looks for two things 1. liquidity and 2. Imbalances. Right now our focus is price balancing before going for the buyside.
Long
by FxPipMaster_TebohoMatla
GBPCAD Buyers In Panic! SELL! My dear subscribers, My technical analysis for GBPCAD is below: The price is coiling around a solid key level - 1.8563 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.8412 My Stop Loss - 1.8655 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
Bullish bounce?GBP/CAD is reacting off the pivot which is a pullback support and could rise to the 1st resistance. Pivot: 1.8323 1st Support: 1.8275 1st Resistance: 1.8502 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
GBPCAD at Key Resistance Level: Will it Drop To 1.83680?OANDA:GBPCAD has reached a significant resistance zone, marked by prior price rejections and strong selling pressure. This level has historically acted as a key supply area, increasing the likelihood of a bearish bounce if sellers regain control. With the price now testing this resistance, I anticipate a potential downward move toward the 1.83680 level, which represents a logical target for this setup. Traders should watch for confirmation signals, such as bearish engulfing candles or rejection wicks, to validate the potential for a reversal. Do you agree with this analysis? Let me know your thoughts in the comments!
Short
by DanieIM
51
GBPCAD Will Go Lower! Short! Please, check our technical outlook for GBPCAD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.851. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.834 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBPCAD INTRADAY key trading level at 1.8532The GBPCAD pair is exhibiting a bearish sentiment, reinforced by the ongoing downtrend. The key trading level to watch is at 1.8532 which represents the current intraday swing high. In the short term, an oversold rally from current levels, followed by a bearish rejection at the 1.8532 resistance, could lead to a downside move targeting support at 1.8280 with further potential declines to 1.8150 and 1.8040 over a longer timeframe. On the other hand, a confirmed breakout above the 1.8532 resistance level and a daily close above that mark would invalidate the bearish outlook. This scenario could pave the way for a continuation of the rally, aiming to retest the 1.8590 resistance, with a potential extension to 1.8650 levels. Conclusion: Currently, the GBPCAD sentiment remains bearish, with the 1.8530 level acting as a pivotal resistance. Traders should watch for either a bearish rejection at this level or a breakout and daily close above it to determine the next directional move. Caution is advised until the price action confirms a clear break or rejection. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
GBPCAD INTRADAY capped at 1.8590The GBPCAD pair is exhibiting a bearish sentiment, reinforced by the ongoing downtrend. The key trading level to watch is at 1.8532 which represents the current intraday swing high. In the short term, an oversold rally from current levels, followed by a bearish rejection at the 1.8532 resistance, could lead to a downside move targeting support at 1.8280 with further potential declines to 1.8150 and 1.8040 over a longer timeframe. On the other hand, a confirmed breakout above the 1.8532 resistance level and a daily close above that mark would invalidate the bearish outlook. This scenario could pave the way for a continuation of the rally, aiming to retest the 1.8590 resistance, with a potential extension to 1.8650 levels. Conclusion: Currently, the GBPCAD sentiment remains bearish, with the 1.8530 level acting as a pivotal resistance. Traders should watch for either a bearish rejection at this level or a breakout and daily close above it to determine the next directional move. Caution is advised until the price action confirms a clear break or rejection. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation