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GBPCAD trade ideas

Weekly Analysis for GBP/CAD📊 Weekly Analysis for GBP/CAD 🔍 Technical Outlook by Shaker Trading ✅ Bullish Structure in Play: Breakout from Downward Channel (Weekly): The pair has successfully broken out of a long-term descending channel, signaling a shift in market structure. New Ascending Channel Formed (Weekly): GBP/CAD is now trading within a rising price channel, confirming a strong bullish trend on the higher time frame. Strong Bullish Trendline Support: Price respects a clear ascending trendline, acting as dynamic support. 📌 Trading Outlook: We expect a temporary correction toward the demand zones highlighted on the chart, followed by a continuation to the upside. The bullish momentum is likely to remain in play unless major support levels are broken. 🔥 Copy Trading for Free Let your capital work for you! Follow our top-performing strategies with zero fees or subscriptions.
Long
by ShakerTrading
GBP/CAD "Pound vs Loonie" Forex Bank Heist Plan (Swing/Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/CAD "Pound vs Loonie" Forex Bank. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry and short entry. 🏆💸"Take profit and treat yourself, traders. You deserve it!"💪🏆🎉 Entry 📈 : "The loot's within reach! Wait for the breakout, then grab your share - whether you're a Bullish thief or a Bearish bandit!" 🏁Buy entry above 1.85100 🏁Sell Entry below 1.83000 📌However, I recommended to place buy stop for bullish side and sell stop for bearish side. Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a buy (or) sell stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊." 🚩Thief SL placed at 1.83000 (swing Trade Basis) for Bullish Trade 🚩Thief SL placed at 1.84000 (swing Trade Basis) for Bearish Trade Using the 3H period, the recent / swing low or high level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 🏴‍☠️Bullish Robbers : TP 1.88500 (or) Escape Before the Target 🏴‍☠️Bearish Robbers : TP 1.80000 (or) Escape Before the Target ⚒💰GBP/CAD "Pound vs Loonie" Forex Bank Heist Plan is currently experiencing a neutral trend (there is a chance to move Bullishness🐂)... driven by several key factors.... ☝☝☝ 👇👇👇 📰🗞️Get & Read the Fundamental, Macro Economics, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets & Overall Score... go ahead to check 👉👉👉🔗🔗 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
by Thief_Trader
GBPCAD 4H chart 🧠 What We See Now: • Strong impulse move up from the 1.8120–1.8178 demand zone (you marked that level like a pro). • Price broke key lower highs around 1.8300, giving us bullish structure confirmation. • Now we’re seeing a pullback after a clean rally—normal and expected. • The most recent candle action is showing exhaustion from buyers (likely taking profits), which sets us up for a potential re-entry. 🔍 Is There a Buy Setup? YES. But not right this second. You’re in the “wait and strike” phase. Here’s what I’d be watching: ✅ BUY PLAN: You want to buy the dip back into structure—not chase highs. 📌 Buy Entry Zone: • Price to watch: 1.8250–1.8200 • Confluence: • Previous consolidation before the breakout • Discounted Fib zone (likely between 61.8%–78.6%) • Imbalance fill on the 4H • Demand zone revisit 🎯 Targets: • TP1: 1.8385 (recent high) • TP2: 1.8500+ • SL: Below 1.8120 to stay safe ⚠️ Should You Sell Here? Nope. Here’s why: • You’d be selling into a bullish market structure. • Price already broke major highs—it’s no longer a downtrend. • You’re better off waiting for a rejection at 1.8400–1.8450 if you want to scalp a short later, but now isn’t it. 🧠 Bonus Tip: If you drop to the 1H or 30min and see price form a bullish engulfing or strong rejection wick in the 1.8250–1.8200 zone, that’s your confirmation trigger. 🔥 Final Words: This is the part where emotions can fool traders into buying too early or selling too fast. But structure is on your side if you stay patient.
Long
by ThizizAlex
GBPCAD Technical Analysis! SELL! My dear subscribers, GBPCAD looks like it will make a good move, and here are the details: The market is trading on 1.8356 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.8184 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. 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
1
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 clearly marked support zone (~1.8050–1.8100). • Broke a descending trendline, suggesting a shift in momentum. • Formed multiple bullish wicks and a bullish engulfing pattern near support. • BBandLE (buy entry signal) confirms buying pressure. 🎯 Trade Entry • Entry Price: Around 1.8140 • Reason for Entry: • Bounce off strong demand zone (support) • Bullish momentum shift after a trendline break • Price showing higher lows forming at support • Clean risk-to-reward zone mapped out 📉 Stop-Loss (SL) • SL Price: 1.8045 • Risk: ~95 pips • Justification: • SL placed below the rejection wicks and structure low • Gives trade room in case of volatility or retests 📈 Take-Profit (TP) • TP1: 1.8300 • Early resistance and previous structure • Take 50% off here and move SL to breakeven • TP2: 1.8680 • Final target at the previous swing high/resistance zone 📊 Risk-to-Reward Ratio (RRR) • TP1 RRR: ~1:1.7 • TP2 RRR: ~1:5.5 • Overall trade has excellent reward potential with tight risk 🧠 Trade Management • Monitor price action at 1.8300 zone • If bullish momentum continues strongly, you can trail SL and ride the wave • If price stalls or prints reversal signals, secure gains early ⚠️ Risks • GBP or CAD economic data/news may cause volatility • Oil price surges could strengthen CAD unexpectedly • Failure to hold 1.8050 invalidates this reversal idea 🛠️ Contingency Plan • If price returns to 1.8050: • Watch for bullish rejection patterns again for possible re-entry • If price closes below 1.8040, exit and wait for a fresh setup 📅 Time Horizon • Swing Position: Hold for 3–7 trading days • Adjust if fundamentals or price action changes
Long
by ThizizAlex
2
GBPCAD BUY📉 GBPCAD: Clean Break of 1.80, But No Need to Rush In! 🧠 I’ve tried to keep this analysis as simple as possible: 🔹 A major ascending trendline that’s been respected for a while. 🔹 A clear breakout of the 1.8000 zone, which has already been retested. ➡️ Now the real question is: Are we late for a precise entry? 🤔 💡 In this kind of setup, patience is key. Let’s monitor the pair closely and wait for a clear confirmation before jumping in. 📊 Stay sharp and good luck, traders!
Long
by MaitreForex
GBPCAD Elliott Wave AnalysisHello friends In the GBPCAD currency pair, we are witnessing the formation of a 5-wave pattern or a zigzag. Our hypothesis is the formation of a 5-wave pattern. Waves 1 to 4 have formed. It is currently in the support range. This support range is formed by the collision of static and dynamic supports, which is relatively reliable, and the price has also corrected by 61.8% Fibonacci. Now we expect the price to grow, and the limits of wave 5 are indicated in the figure. The first target is 1.8800 and the second target is 1.9200. The third target is far from expected, but not impossible. Also consider the stop loss below wave 1. Be successful and profitable.
Long
by M_Gheysvandi
GBPCAD bearish continuation below 1.8440Market Sentiment: The prevailing trend for GBPCAD remains bearish, with the recent price action appearing to be an oversold bounce rather than a sustained recovery. Key Levels: Resistance: 1.8440 (Previous consolidation zone) Support Levels: 1.8050 followed by 1.7980 and 1.7870 Potential Scenarios: Bearish Continuation: If GBPCAD fails to break above1.8440 and faces rejection, it could resume its downtrend, targeting 1.8040 initially, followed by 1.7980 and 1.7870 over the longer term. Bullish Breakout: A confirmed breakout and daily close above 1.8440 would shift the sentiment bullish, paving the way for a rally toward 1.8500 and potentially 1.8570 Conclusion: GBPCAD remains in a bearish structure unless a breakout above 1.8440 is confirmed. Until then, price action suggests that any rally is likely to be a short-term relief within a broader downtrend. 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
LONG GBP/CAD 4H Investment Opportunity Hello, I am Trader Andrea Russo and today I want to share with you an interesting LONG investment opportunity on GBP/CAD. We are on a 4-hour (4H) chart, and several technical indicators are highlighting an increase in bullish pressure. Oversold signals and the recovery of momentum suggest a potential reversal to the upside, making this configuration particularly promising. Investment Setup: Entry Price: 1.812 Signal: BUY with Target Price set at 1.835 (TP: 1.27%). Stop Loss: set at 1.8033 (SL: 0.48%). Thanks to our SwipeUP Reversal Radar Multi-Timeframe Alerts indicator, we were able to identify: The oversold zone, which suggested the opportunity for a rebound. The Break Point, which confirmed the beginning of a potential reversal to the upside. The entry point, to maximize the risk/reward ratio. As a Target point, we have chosen the area highlighted in the photo, which is the first important resistance that in our opinion represents a key level where the price could slow down. 👉 This setup takes advantage of the current bullish pressure and offers a favorable risk/reward ratio. I encourage you to monitor this setup and implement solid risk management in your trading plan. Happy trading everyone! 📈
Long
by Andrea_Russo_SwipeUP