GBPCAD is in the bearish directionHello Traders
In This Chart gbpcad HOURLY Forex Forecast By FOREX PLANET
today GBPCAD analysis 👆
🟢This Chart includes_ (GBPCAD market update)
🟢What is The Next Opportunity on GBPCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
GBPCAD trade ideas
GBP/CAD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
We are now examining the GBP/CAD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.866 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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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 closes, a powerful bearish candle slams the gates shut, confirming that bears are not just probing but launching a decisive assault.
🔥 The Warrior’s Dual Paths
The Strategic Flush & Drop — Higher Probability
After the pause and liquidity grab near 1.88000, the market filled the stops and trapped buyers, then surged downward with momentum. This path signals a calculated bear strike, leading price toward the next critical support near 1.82000.
The small corrective moves along the way will be mere breathers before the next leg down, typical of a disciplined market march.
The Sudden Break & Follow-Through — Less Likely, But Possible
Price could bypass minor corrections and plunge directly to 1.82000, respecting the momentum built from the heavy bearish close. Given historical pauses and structure, this is less probable but must be acknowledged.
⚖️ The Market Warrior’s Summary
“The bears have declared their intent with a mighty blow — the fortress crumbles and the battleground shifts. Patience will reward those who read the traps, for the march to 1.82000 is paved with the footprints of smart money.”
The 3 Step System To Watch Out ForOn this trade we are looking at the forex trade.Now the special thing
about this trade is that instead of focussing on
the daily chart we are focussing on the weekly chart.
You may be thinking
“Why are we focussing on the weekly chart?”
Well this is because you have to be ahead of the crowd and see
the coming trend.
If you want to do your own trading strategy
thats okay but if you want
to learn more about the Rokcet booster strategy
Then you need to follow these 3 steps
• The price has to be above the 50 EMA
• The price has to be above the 200 EMA
• The price should gap up in an uptrend
This is the rocket booster strategy
In order to learn more
Rocket boost this content to learn more
Disclaimer:Trading is risky you will lose money
so please use a simulation trading account
before you trade with real money.Also learn
Risk managment and protif taking strategies.
GBPCAD: Long Trade with Entry/SL/TP
GBPCAD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long GBPCAD
Entry - 1.8543
Sl - 1.8509
Tp - 1.8596
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPCAD Rejection Signals Possible DropThe GBPCAD pair is currently displaying a textbook technical structure within a long-term ascending parallel channel that has been in place since late 2022. Price action has consistently respected both the upper resistance and lower support boundaries of this channel, making it a reliable framework for anticipating future movement. Recently, the pair attempted to break above the upper boundary but was met with strong resistance around the 1.8680-1.8700 level, forming a clear rejection that aligns with multiple previous turning points (marked by red arrows). This rejection coincides with a horizontal resistance level that has been tested several times, suggesting a significant barrier for buyers.
Following this rejection, the price is now beginning to show signs of weakness and a potential bearish shift. If the market breaks below the minor rising trendline and the horizontal support zone around 1.8145, it could confirm a near-term trend reversal. In that scenario, the next logical support lies near the midline of the channel around 1.8000, a level that has previously acted as dynamic support. A deeper correction could push the pair toward the lower boundary of the channel in the 1.7700-1.7800 region, where long-term buyers may re-enter.
This analysis is based on the principles of trend channel theory and price action behavior at key support and resistance zones. The repeated failure to break above channel resistance, combined with the formation of a potential lower high, supports the idea of a corrective move. Traders considering a short position may look to enter around 1.8650-1.8680 with confirmation, targeting 1.8145 as the first support, followed by 1.8000 and possibly 1.7700. A daily close above 1.8720 would invalidate the bearish outlook and indicate a potential breakout scenario.
As always, proper risk management and confirmation through price structure or candlestick patterns are essential before initiating any trade based on this setup.
GBPCAD Wave Analysis – 30 May 2025
- GBPCAD reversed from resistance zone
- Likely to fall to support level 1.8275
GBPCAD currency pair recently reversed down from the resistance zone lying between the resistance level 1.8720 (which stopped the previous impulse wave (3) and the resistance trendline of the weekly up channel from 2023.
This resistance zone was further strengthened by the upper daily and the weekly Bollinger Bands.
GBPCAD currency pair can be expected to fall to the next support level 1.8275, former weekly low from the start of May.
GBPCAD INTRADAY sideways consolidation supported at 1.8530GBP/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 critical support level.
Bullish Scenario (bounce from 1.8530):
A successful retest and rebound from 1.8530 would reinforce the bullish outlook.
Upside targets include:
1.8720 – Near-term resistance
1.8760 – Previous swing high
1.8830 – Long-term resistance zone
Bearish Scenario (break below 1.8530):
A confirmed daily close below 1.8530 would weaken the bullish structure.
Potential downside support levels:
1.8490 – Initial support
1.8460 – Deeper retracement level
Conclusion
The outlook for GBP/CAD remains constructive as long as 1.8530 holds. A bullish bounce from this level could pave the way for continuation toward 1.8720 and higher. However, a daily close below 1.8530 would shift the bias to neutral-to-bearish, exposing the pair to further downside toward the 1.8460 region. Traders should closely monitor price action at 1.8530 for directional confirmation.
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.
GBPCAD – Long Setup / SMC and Price ActionGBPCAD – Long Setup
Price tapped into the bullish order block (1.86079 – 1.85979) aligned with the ascending trendline support. A bullish bounce is anticipated from this zone, aiming for a move back toward the channel resistance.
📌 Entry: 1.86080
🎯 Take Profit: 1.86766
🛡️ Stop Loss: 1.85917
✅ Risk to Reward: ~3.4R
Let’s see how price respects the structure.
GBPCAD: Bearish Continuation is Expected! Here is Why:
Looking at the chart of GBPCAD right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
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GBPCAD expectation 1HWith Canada releasing good news the market is responding well, we need at least 3 candles above this trend line to confirm a rise of a new high and a breaking out of the range its been in. MA is a good distance away from price, so we looking good for a buy. Trade safe guys. See you soon. #ToTheMoonTogether
GBPCAD: Expecting Bearish Continuation! Here is Why:
The price of GBPCAD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️