BULLISH STRENGTH ON GBPCADIt has a weekly channel, in between, a 1H channel is developed targeting the other weekly line. Trade on retest of 1H line
GBPCAD trade ideas
Bullish rise?GBP/CAD is falling towards the pivot and could bounce to the 1st resistance which has been identified as a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Pivot: 1.7868
1st Support: 1.7786
1st Resistance: 1.7980
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.
POTENTIAL SHORT TRADE SET UP FOR GBPCADAnalysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
Entry:
The price advanced toward the previous swing high zone, supported by an ascending structure on the higher time frame (HTF), before sharply declining from the swing high area. Following this, the price broke below the inner ascending structure, confirming a bearish reversal. After a brief pullback on the mid-time frame, it formed a bearish continuation pattern. We are now considering an entry based on a small bearish continuation structure, targeting the immediate swing low and, subsequently, the base of the ascending structure.
Expectation:
A downward move is expected, with the initial target at the immediate swing low, followed by the base of the ascending structure.
⚠️ Reminder: Conduct your own analysis and implement proper risk management, as forex trading carries no guarantees. This is a high-risk endeavor, and past performance does not predict future outcomes. Trade responsibly!
gbpcadwe look bullish pattem if break out we take 3 targt
** Canada CPI Median YoY**
// Latest Release //
Previous:
2.6%
Consensus:
2.4%
src : fxbook
GBPCADWe can attempt to buy GBPCAD from specified level as it break LH , also triple bottom occur indicate that it moves upward.
SL , TP mention in chart.
Lingrid | GBPCAD short OPPORTUNITY - Testing STRONG ResistanceThe price has perfectly followed my previous analysis. OANDA:GBPCAD market is approaching a significant resistance zone. This area is defined by the previous day's high and a level where the price has previously reversed downwards. I expect the market may retest this resistance level and subsequently fall, potentially forming a false breakout. If the price breaks and closes below the upward trendline, I think the pricemight retest of the previous week's low. As a result, I anticipate the long-tailed bar or engulfing candle coupled with divergence, which would signal rejection of the resistance level and confirm a short. My goal is to support zone around 1.78450
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Potential bullish rise?GBP/CAD has reacted off the pivot and could rise to the 1st resistance which aligns with the 61.8% Fibonacci retracement.
Pivot: 1.7869
1st Support: 1.7786
1st Resistance: 1.7980
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.
GBP/CAD Potential short opportunity 📉 Price is back into a key supply zone, signaling a potential reversal. Before executing, I’m watching for:
✅ Further confirmation on H1 or H4
✅ A clear Change of Character (CHoCH)
✅ Liquidity sweep to trap early buyers
⚠️ Patience is key! Let the market show its hand before entering. A strong rejection and lower timeframe breakdown could confirm the setup.
📊 What’s your take? Are you seeing the same setup? Drop your thoughts below! 👇
#GBPCAD #ForexTrading #SmartMoney #LiquiditySweep #CHoCH #PriceAction #ForexSetup
GBPCAD Testing Rising Support - Likely to Head Toward ResistanceGBPCAD is testing support, and the support levels are rising. This means that the price has been bouncing higher from these levels each time. I believe that after this test, the price will bounce up again and move towards the resistance level, which is clear and straightforward. The fact that the support is holding and moving higher makes it more likely that the price will continue up, as the market seems to be gaining strength.
hedging territory, direct breakdown or upside wicks breakdownhedging territory, direct breakdown or upside wicks breakdown
Neutral zone depends on upcoming news
Check out our socials for some nice insights.
Let us know if there're any pair you like to see or if this is something you like.
Do ask if you have any question
Not as refined as our direct trade setups. More for advanced active traders.
information created and published doesn't constitute investment advice!
NOT financial advice
GbpCad Short analysis This bias was from daily then H4 then H2.
I would have share the chart is H1 but H2 has more clarity and few candles than H1.
1.78866 is my point of interest I would have explained more on how I build my bias but just check this out, it's enough ss an insight. Kindly boost if you find this insightful 🫴
USD/JPY (Trade Recap -0.5%) and GBP/CAD ShortGBP/CAD Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry or 1H risk entry after 2 x 1H rejections.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
GBPCAD-SELL strategy 6 hourly chartthe pair had some correction, but think overall we me south of the borders.
Strategy SELL current and take profit near 1.7657 for now.
GBPCAD BEARFISH FOR 100PIPS Resistance: Look for recent highs or key resistance levels where price might struggle to break higher.
Support: Identify strong support levels where the price might find a floor or reverse.
A break below a key support level could trigger further bearish movement, especially if there is a pattern like a break of a trendline, a double top, or a head-and-shoulders formation.
Technical Indicators:
Moving Averages: If the price is below key moving averages (like the 50-period or 200-period MA), it might signal a bearish trend.
RSI: A reading below 30 could indicate oversold conditions, but if RSI is trending lower, it might indicate continued bearish momentum.
MACD: A bearish crossover (where the MACD line crosses below the signal line) could confirm the bearish forecast.
Fundamental Factors:
Interest Rates: The Bank of England (BoE) and the Bank of Canada (BoC) monetary policies can significantly affect GBP/CAD. If there is a divergence in their interest rate outlooks, it can influence the pair’s direction.
Economic Reports: Keep an eye on economic data such as GDP, inflation, and employment reports from the UK and Canada, as these can affect market sentiment.
GBPCAD - Reversal SetupHello traders
Market conditions haven't been that good this week, so we haven't had any setups yet.
After GBPCAD broke the trendline with a large bearish candle, it is showing a change in trend.
So now we are looking to short it at the golden zone of 0.618.
GBP/CAD +60 Pips 0 Drawdown , Did You Enter ? New Update !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBP/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
Previous week’s green candle means that for us the GBP/CAD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.767.
✅LIKE AND COMMENT MY IDEAS✅
GBPCAD1.4h
2downtrend/bos we wait the retest to sell /done
3resistance level/support /
4double top/double top form and breake out structure/
5rsi78/sto91/Vol bearish//rsi65/sto40/Vol bearish//rsi46/sto12/volbearish//rsi33/sto0/vol bearish
6.vol bearish/we wait the sell confirmation/rsi44/sto76/volbearish
7fiibex done at the perfect zone to sell///in red zone prepare to sell, above zone/
8fibretrac blue zone perfect zone to sell// done at blue, above zone/
9 big sellers enter here …/about tp sell because the gap didn’t break the resis zone yet
10.load sell orders
11r/r1/3,1/4,1/6
12bearish divergence / bearish divergence //bearish diveegence/bearoish divergence/
13bearish expanding triangle /bearisharami/spinning top/evening star/tweezer top
14 bearish flag pattern /bearish
Downtrend support zone sell after retracement
If the fib does not reach the 61zone then is a strong downtrend
Since is Tuesday a sell can be possible since the highs are already formed
Market about to retrace and fib target above to sell
1.2h
2downtrend
3resistance level/support zone/lkv
4rising wedge /bearish pannent /bearish expanding triangle/
5rsi60/sto67/volpower loss and selling getting geround/rsi65/sto49/volbearish
6.rsi64/sto72/vol if breaks te resis zone above we look for buy entries
7fibextern blue zone exoec/pattern drawn/exp
8fib retrac redzone breakout structure/bearish expectation/exp
9strong zone /sell at te highest cprice
10expecting sell at the bos zone
11.1/2,1/3,1/4,1/6//1/3
12bearish divergence /bearish divergence /
13bearish engulfin/three dark soldiers/marobusa /tweezer top/
14. bullish and sell later
Because of usa new tomorrow we wait to sell at the fibex blue zone above or execute below thehl of the bearish pannent (sell)
Bos at the bearish exp triangle we expthe second retracement to sell down
1.1h
2consolidation/downtrend/
3resistance/resis/supportzone
4symmentric expanding triangle/double top
5rsi58/sto77/volbull insisting but a bearish signal s good to sell /rsi68/sto82/vol//rsi34/sto17/vol bearish
6,new sell positin entering , expect sellers
7fibex done/exp
8fibretrac done /exp
9expectx selerssells/sell below the fibzones
10wait the retracement first before selling
11.1/2,1/3
12bearish divergence/
13doji spinning top/bearish engulfing /
14
Entry conditions at blue zone selling possibilities (aaasetup)3% x 3 at the 3 interval zone remove 1 tp at support zone and wait te retracement and add sell limit orders
Tp 1 at the blue zone down wait retrace and sell more
Enter 0.001 at each level / wait the retracement for sell limit order
Sell position at zone of interest
Satuday analysis done /
GBPCAD SHORT Market structure structure beariish on HTFs 3
Entry at both Daily and Weekly AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Daily EMA retest at AOi
Previous Daily Structure Point
Around Psychological Level 1.78500
H4 EMA retest
H4 Candlestick rejection
Levels 8.63
Entry 105%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
Scenario on GBPCAD 13.2.2025I see the GBPCAD market as follows: the first sfp short from the price of 1.785 and the next one is at the price of 1.795. If I look long, the first interesting level for me is around the support of 1.7695-1.7672. The next one comes out below this support and if the market breaks through it, I think we will go lower.
Buy GBPCADPrice retraced but couldn't break lower, therefore confirmining and upward trend. Price should continue going higher. Might have a little resistance at around 1.78545, but should breakthrough that and continue to the upside
GBPCAD Bullish Wedge Pattern: Potential for Further GrowthGBPCAD Bullish Wedge Pattern: Potential for Further Growth
The GBPCAD has recently broken out from a bullish wedge pattern, suggesting that the GBP is likely to see an increase in bullish volume today.
Previously weakened by the Bank of England's (BOE) rate cut, it appears the market has already digested this news.
The last two candles are both green and long, signaling potential for continued growth.
Key resistance zones to watch are near 1.7790 and 1.7850.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPCAD FORECASTLooking at the GBPCAD for today, however, this pair still needs more price development. We need to be patient before we look to position ourselves better. Let's have a look and see how the price plays out.
