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CANADIAN DOLLAR / BRITISH POUND

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CADGBP trade ideas

GBPCAD is Bullish and 1.845 on the TableI am not going to be selling this pair for as long as the monthly Uptrend remains intact. 1.845 on the table in the near future. and all those price points I tagged are staring at us as we have already broken March 2020 high and a CHoCH has clearly happened to the upside on the monthly.. Let us always pay attention to the bigger picture. We may see 2.095 in the longer term. We can keep looking for by entry in lower timeframe as that is the safest thing to do haven see the bigger picture now
Long
by oawofisibe5
GBP CAD SHORTSWeekly : same idea than GBPAUD. this pair is reaching a resistance that has not been broken since Mar 12'. Price still has bearish structure to consider shorts. Daily : price is at a critical area where it will either break and retest or fully reject to to the downside. Bullish structure is visible 4h : price recently broke previous low which indicates we can continue to the downside. 1h : price is currently rejecting area of interest around 1.80500 and EMA. I will be waiting for candle close to consider entering
Short
by Jayjaypeel
GBPCAD Is Bullish! Long! Here is our detailed technical review for GBPCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.796. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.800 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBPCAD SELL | Idea Trading AnalysisGBPCAD is moving on support zone The chart is above the support level, which has already become a reversal point twice. We expect a decline in the channel after testing the current level. We expect a decline in the channel after testing the current level Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPCAD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Short
by TheGrove
5
GBPCAD BULLISH CONTINUATION OPPORTUNITYHello Everyone! How are you all? GbpCad is a pair to watch this week, because it is shaping up very nicely for a bullish trend continuation that we can capitalize on. So, I will be looking for a bullish continuation because of the following reasons: 1. The overall trend is bullish 2. The price is retracing the value area. Game Plan: If the price comes to the VA, and rejects at that level or sweeps the Low, and makes a bullish impulse followed by a 15mins flag with two highs and lows. Entry : will look for a risk entry within the flag or a reduced risk entry on the breakout of the flag.
Long
by DTreasureMarketHub
Bearish drop?GBP/CAD is reacting off the pivot which is a pullback support and could drop to the 1st support which acts as a pullback support that is slightly above the 50% Fibonacci retracement. Pivot: 1.7999 1st Support: 1.7901 1st Resistance: 1.8107 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.
Short
by ICmarkets
1
1st Empathy Strat Revised 12/12/24Last strategy for GBP/CAD: CAD looks like a stable market to invest in due to the momentum gaining around the currency, the oversold levels and currently low declined volatility makes it perfect for significant inclines due to unstable bearish buying power. with a economic counter to GBP's interest rate decisions week of DEC 8, and the volatility gaining around the coin, plus the bearish sustaining momentum sell GBP buy Cad. Strategy: Final Tp = 2.5% Round 1.75745 SMA = 1.3% Avg SMA = 0.60% retracment = 0.35%/0.70% 12/11/24 Note Strategy struggling pulled out of market readjusting to market situation new revised Strategy 12/12/24: since this strategy had a hard time on the decline after researching GBP market expect inclined push on fx securities due to lower prices in historical data of fx securities, plus the US PPI & natural gas fluke expect gas securities to fluke due to electric switch-over globally for sometime. CAD tech tariffs will cause dollar volatility for now expect GBP to rally
Long
by Sylynt056
3
GBPCAD Will Explode! BUY! My dear followers, This is my opinion on the GBPCAD next move: The asset is approaching an important pivot point 1.8058 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.8076 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1