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CANADIAN DOLLAR / BRITISH POUND

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CADGBP trade ideas

GBPCAD Approaching Key Resistance — Will Sellers Step In?OANDA:GBPCAD is approaching a key resistance zone, a level previously met with strong selling pressure. The market has rejected this level before, indicating the presence of supply and reinforcing the potential for another move lower. If bearish confirmation follows—such as rejection wicks or strong bearish candles—this could trigger a continuation to the downside, with 1.80080 as the next key target. However, a breakout above this resistance would invalidate the bearish bias, shifting focus toward higher levels. This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in. Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments. Best of luck , TrendDiva
Short
by TrendDiva
3
GBPCAD is ready to push againNo comment needed. All information is in the chart analysis. Steps to follow: Analyze yourself. Take the position with SL and Take Profits. Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :) Get the result. I will update the trade every day. Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger! Good trades, Traders! The golden bear
Long
by thegoldenbear
GBPCAD is ready For a BuyHello Traders In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET today GBPCAD analysis 👆 🟢This Chart includes_ (GBPCAD market update) 🟢What is The Next Opportunity on GBPCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART 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 Chart
Long
by ForexMasters2000
GBPCAD SELL NOW !!!!!!!!!!!!!!!!!!!!1.2h 2downtrend 3resistance level 4rising wedge /bearish pannent 5rsi60/sto67/volpower loss and selling getting geround 6 7fibextern blue zone exoec 8fib retrac redzone breakout structure 9 10 11 12bearish divergence / 13bearish engulfin/three dark soldiers 14 Because of usa new tomorrow we wait to sell at the fibex blue zone above or execute below thehl of the bearish pannent (sell) 1.1h 2consolidation 3resistance 4symmentric expanding triangle 5rsi58/sto77/volbull insisting but a bearish signal s good to sell 6 7fibex 8fibretrac 9 10 11 12bearish divergence/ 13doji spinning top/ 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 Friday 31 jenaury 1 entry point as valided Expecting retracement for the second entry
Short
by Forexnation237
GBPCAD SHORTMY ANALYSIS ON GBPCAD My Analysis on this pair:: Based on the current technical setup, this pair exhibits bullish structure; however, the price is testing a critical resistance zone coinciding with the 61.8% Fibonacci retracement level. While the broader trend appears upward, the confluence of resistance at this key Fibonacci level introduces significant downside risk, leading me to adopt a cautious bearish bias. Given the conflicting signals between bullish momentum and strong resistance, I recommend exercising caution with position sizing if considering a contrarian bearish trade. Trading against the trend carries elevated risk, and adhering to strict risk management (e.g., tight stop-loss parameters) would be prudent in this scenario. To refine this assessment, I would appreciate your perspective: Do you interpret this price action as a bullish continuation signal, or do you share concerns about potential rejection at the Fibonacci resistance? Your insights on this pair’s direction would be valuable.
Short
by sirkamal
GBPCAD SELL1day 2downtrend 3resistance level 4double top /triple top/ 5rsi60/sto96/vol expection ceaeish sign at the zone 6 7fibex blue down move 8fibretra red down move 9 10 11 12 13bearish divergence 14bearish harami/tweer top/pierching bearish 15 1.4h 2downtrend 3resistance level 4double top 5rsi78/sto91/volbearish 6 7fiibex done at the perfect zone to sell 8fibretrac blue zone perfect zone to sell 9 10 11 12bearish divergence 13bearish expanding triangle 14 bearish flag pattern 1.2h 2downtrend 3resistance level 4rising wedge /bearish pannent 5rsi60/sto67/volpower loss and selling getting geround 6 7fibextern blue zone exoec 8fib retrac redzone breakout structure 9 10 11 12bearish divergence / 13bearish engulfin/three dark soldiers 14 Because of usa new tomorrow we wait to sell at the fibex blue zone above or execute below thehl of the bearish pannent (sell) 1.1h 2consolidation 3resistance 4symmentric expanding triangle 5rsi58/sto77/volbull insisting but a bearish signal s good to sell 6 7fibex 8fibretrac 9 10 11 12bearish divergence/ 13doji spinning top/
Short
by Forexnation237