Gbpcadforecast
GBPCAD - DAILY CHART TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
GBPCAD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP/CAD long CAD boosted by Bank of Canada rate hikeRisks a drop toward the 200-DMA
GBP/CAD’s failure to rise decisively past the end-2022 high of 1.6850, slightly above major resistance on the 200-week moving average, points to fatigue in the nine-month-long rally. The cross is testing a crucial converged floor, including the April low of 1.6535, coinciding with the 89-period moving average. While a minor rebound can’t be ruled out given the significance of the support, the broader bias remains down, potentially toward the 200-day moving average (now at about 1.6225).
The Canadian dollar may have just received the boost to extend gains against some of its peers, thanks to the Bank of Canada’s (BOC) hike on Wednesday.
BOC hiked its overnight rate to a 22-year high of 4.75%, saying “concerns have increased that CPI inflation could get stuck materially above the 2% target.” The central bank, however, dropped the April language saying it “remains prepared to raise the policy rate further”, making it more data dependent. Markets are pricing in another rate hike in July, with the terminal rate seen at 5.15% by the end of the year.
GBPCAD H4 Long Term Selling Idea Hello Traders
In This Chart GBPCAD HOURLY Forex Forecast By World of Forex
today GBPCAD analysis 👆
🟢This Video includes_ (Gold market update)
🟢What is The Next Opportunity on GBPCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This Video 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 Charts.
GBPCAD Hourly Trade| Technical Analysis GBPCAD hrly short
⚠️ Half risk due to lack of trend and volatility.
Shortstop @ 1.67919
TP #1 @ 1.67552 76.93% wr
TP #2 @ 1.67222 57.41% wr
SL @ swing high 1.68484 14.81% hr
WR and HR % Determined by past trades on this pair in this time frame.
More systematic trades like this are on my Profile.
GBPCAD - Expect retracement ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to make the retracement to take liquidity below equal lows and to fill the imbalance lower and then to reject from bullish order block.
Fundamental analysis: On Friday we have news on CAD, will be released Unemployment Rate which is forecasted to increase, this means weakness in currency. If the result will be as forecasted, for short term we could see bullish price action.
Like, comment and subscribe to be in touch with my content!
GBPCAD Trading Plan - 20/Apr/2023Hello Traders,
Hope you all are doing good!!
I expect GBPCAD to go Up after finishing the correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPCAD - Short active ✅Hello traders!
‼️ This is my perspective on GBPCAD.
Technical analysis: Here we can see that price changed the character and made a retracement to fill the imbalance higher and then rejected bearish order block + institutional mid figure 1.67500. My target is liquidity below equal lows.
Like, comment and subscribe to be in touch with my content!
GBPCAD Potentially Aggressive Sell-Off Coming Massive sell-off expected at the break out of the key level.
We look at multiple time frames, and the pair remains bearish
long term despite this aggressive bullish pullback. We take to
Take into consideration multiple time frames when asses the
probability of a trade and not focus on a single time frame.
GBPCAD - Short active ✅Hello traders!
‼️ This is my perspective on GBPCAD .
Here we can see that price took buy stop liquidity and mitigated bearish order block. I expect bearish price action for medium term perspective and my target is the imbalance lower.
Like, comment and subscribe to be in touch with my content!
GBPCAD - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective of GBPCAD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I see price to fulfill the imbalance lower and then to reject from institutional big figure 1.63000.
Like, comment and subscribe to be in touch with my content!