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CANADIAN DOLLAR / BRITISH POUND

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CADGBP trade ideas

Could the price bounce from here?GBP/CAD is falling towards the pivot which is a pullback support and could bounce to the 1st resistance. Pivot: 1.8103 1st Support: 1.7949 1st Resistance: 1.8325 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.
Long
by ICmarkets
GBPCAD POSSIBLE SELL Based on DAILY and 4HR TF, the market seems to be forming a possible reversal pattern. We could see SELLERS coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
Short
by WiLLProsperForex
GBPCAD H4 LongThe GBP/CAD 4-hour chart shows a bullish continuation as price breaks above the key resistance at 1.81102 and clears the Ichimoku cloud (Kumo), signaling strong upward momentum. The green Kumo ahead indicates bullish sentiment, while the Tenkan-sen (red) remains above the Kijun-sen (blue), confirming a trend alignment. This breakout is supported by price closing above both the Tenkan-sen and Kijun-sen, with a clear upward trajectory. The bullish target lies near 1.82812 (previous swing high), while the stop-loss is set below the Kijun-sen at approximately 1.80514, maintaining a favorable risk-to-reward ratio.
Long
by ALRDNMRSKY
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