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Gbp-cad

GBP/CAD ANALYSIS (long term)Hi traders :) I'm Guario and this is a forecast about GBP/CAD possible future price action. As we can see from the chart the pair has jus reached a very strong resistance down trendline and a bounce off it has just occurred. Stochastic oscillator is in the overbought area ( red rectangle) giving us an other bearish signal. I suggest to wait the price break the volumetric level of 1.7021 before opening any short position. Look at the chart for possible stop and target levels. Write me in the comments for any question, thought or critic. Good luck :)
Short
by Guario
GBP/CAD Market Situation And Future Swing ProbabilitiesPositive expectations for the upcoming U.K. general elections could keep sterling supported throughout the session, especially if polls continue to confirm the Tories’ lead. A couple of medium-tier reports from the U.K weren't actually impressive. Monthly GDP was above the previous but QoQ and YoY were lower than previous no good changes. The construction site wasn't doing good. Industrial Production and manufacturing were only better than previous but trade balance ended up the deficit for the Oct. Economic release were mix but the prospect of more opinion polls confirming a lead by the Tories may have some weight reason to push the pound higher on this cross pair.
by jessi061
GBPCAD - FOREX - 27. NOVE. 2019Welcome to our weekly trade setup ( GBPCAD )! - 1 HOUR Bearish drop towards our support 4 HOUR Waving market structure at our lows and support zone. DAILY Overall very bullish market with pullbacks, enter long now! - FOREX SETUP BUY GBPCAD 1ST ENTRY @ 1.70630 2ND ENTRY @ 1.70050 SL @ 1.69090 TP @ 1.72330 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
8
GBPCAD Documentted MA Trade +47 Pip PotentialToday we started with a GBP bullish view but after the GBP pairs pushed down, we set-up an MA trade on this pair. Although this was not the last to reach the MA, price pulled back to the confluence of the MA and the 60 KS. Those who trade the Gold Method Ichimoku and have been in the training, know exactly what I am talking about. Since this trade triggered later in the London session only about 75% in the trading room took advantage of either this pair or GUSD. All who got in made money :) Just keep stacking those positive days :) Allen
Education
by AGold54
2