GBPCAD analysisGBPCAD has been rangey since 2019. Started trending down in April 2021, and it seems on the way to the bottom of the range.
I'm not in love with the price action.
Gbpcad_strategy
GBPCAD, Reaching Significant Resistance, sellGBPCAD, Reaching Significant Resistance and the price action tells its falling down! watch out friends!
GBPCAD, Price Action Pointing Upwards, LongGBPCAD price action tells further advance,!
+Strong Support
+Strong Trend line
+ Price action pointing above
GBPCAD Bullish scenario - Kagi chartGBPCAD
Is trading above the 1.71500 level and the kagi is turned green the price will bounce from support level which is 1.71500I am expecting GBPCAD will reach 1.75000 in coming months
GBPCAD H4. This Analysis Based On Price Action Theory.We Have an Analysis Of GBPCAD H4. This Analysis Based On Price Action Theory.
According to Multiple Analysis, We Can See That the market have a strong 💪🏻 bearish pattern
As well as price decline from the previous Resistance. for this we have to new Target( support) @1.71000 & @1.70000
For more confirmation you can see that super trend, Bollinger Bands they all are indicated bearish patterns
I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade.
Thanks
Regard
shivamfx Technical Team
Note- Please Take Only Two ✌️ 2% Risk On Given Analysis
GBP/CAD WEDGE BREAKOUTHello Traders, after the breakout of the wedge pattern I opened a long position. 1st tp 1.76 2nd 1.77 ( Monthly Resistance )
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GBPCAD Long Off of a Pull Back - Potential 300 Pip Move!4 Confirmations off this Trade
The 20 is Going up
The 200 is Below on Multiple Time Frames
And on the Currency Strength Indicator GBP is Stronger CAD Right Now.
GBPCAD long wayI expect it to start moving up from the support zone, I have 2 targets
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GBPCAD bounced from support, potential for a further rise!
GBPCAD bounced off 1.70845 where it could potentially rise further to 1.73784.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
GBPCAD reversed from resistance, potential drop!
GBPCAD reversed off its resistance at 1.71304 where it could potentially drop further to 1.69500.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD approaching support, potential for a further rise!
GBPCAD approaching support at 1.70751 where it could potentially rise further to 1.71571.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD bounced from support, potential for a further rise!
GBPCAD bounced off upside confirmation at 1.70664 where it could potentially rise further to 1.71187.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD bounced from support, potential for a further rise!
GBPCAD bounced off 1.69795 where it could potentially rise further to 1.71143.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD potential reversal!
GBPCAD expected to rise up to 1st resistance at 1.76955 where it could potentially react off and drop down to 1st support at 1.71778.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
