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CANADIAN DOLLAR / BRITISH POUND

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CADGBP trade ideas

GBP/CAD Potential Upward Movement💡 Buy Market Order @ 1.85544 🎯 Target Profit 1.86743 🛑 Stop Loss 1.84747 ❌ Do not risk more than 1% of your account on each trade Description: The price has swept liquidity under the swing lows and bounced back quickly. GBP/CAD is in a consolidation mode before a new move upward all the way up toward 1.86 mark. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “PriceActionDesk” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️ ------------------------------------------------------------------------------------- 🙂 Good Luck!
Long
by PriceActionDesk
GBPCAD Bullish Flag continuation pattern developing GBP/CAD maintains a bullish bias, supported by a well-established rising trend. Recent intraday movement suggests sideways consolidation, which may serve as a base for the next upward leg if key support holds. Key Level: 1.8530 This zone marks the previous consolidation range and serves as a critical support level. Bullish Scenario (bounce from 1.8530): A successful retest and rebound from 1.8530 would reinforce the bullish outlook. Upside targets include: 1.8720 – Near-term resistance 1.8760 – Previous swing high 1.8830 – Long-term resistance zone Bearish Scenario (break below 1.8530): A confirmed daily close below 1.8530 would weaken the bullish structure. Potential downside support levels: 1.8490 – Initial support 1.8460 – Deeper retracement level Conclusion The outlook for GBP/CAD remains constructive as long as 1.8530 holds. A bullish bounce from this level could pave the way for continuation toward 1.8720 and higher. However, a daily close below 1.8530 would shift the bias to neutral-to-bearish, exposing the pair to further downside toward the 1.8460 region. Traders should closely monitor price action at 1.8530 for directional confirmation. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
GBPCAD BUY TRADE PLAN ## 📘 ForexGPT Elite Trade Plan – GBP/CAD 🔹 *Last Updated: June 12, 2025 – 🔹 *Market Type: Swing-to-Intraday Breakout with Optional Pullback Re-entry* --- ### 🧠 Multi-Timeframe Technical Summary: 🔍 **1H Chart** * Price broke above key structure resistance (1.8525) with momentum. * Minor rejection wicks at 1.8550 zone → could lead to shallow pullback (buy-the-dip opportunity). * Short-term support now forms at 1.8520–1.8500. 🔍 **4H Chart** * Clean breakout above recent double-bottom neckline (1.8525). * Bullish structure, likely to attempt 1.8590–1.8650 range retest. * Ideal to buy near support with confirmation OR on fresh breakout continuation. 🔍 **Daily Chart** * Bullish bounce off 1.8420–1.8440 demand zone confirmed. * Room to move toward 1.8650–1.8730 range highs. * Trend bias is recovering from corrective phase. 🔍 **Weekly Chart** * Holding mid-range compression, bullish structure intact. * Higher lows since March support upside continuation bias. --- 🎯 Primary Trade Plan – Breakout Continuation Buy Parameter Value Trade Type Swing-to-Intraday Order Type ✅ Buy Limit at 1.8525/05 (pullback entry) SL Below 1.8440 (safe zone under structure) TP1 1.8590 TP2 1.8650 TP3 (extended) 1.8730 (only if strong daily momentum)--- ### 🔁 Alternate Entry Plan – *Manual Buy on Confirmation* * Wait for price to **retest 1.8525-05** and show **bullish rejection candle** on H1 or M30. * Entry: **Market Buy** on bullish engulfing / pin bar confirmation * Same SL and TP as above. --- ### ⚠️ Bearish Scenario (Low Probability) * If price shows strong **bearish engulfing from 1.8550–1.8560**, invalidating the breakout: * **Sell Entry**: 1.8500 * **SL**: Above 1.8565 * **TP1**: 1.8445 * **TP2**: 1.8390 (if downside accelerates) --- ### 🧠 ForexGPT Forecast Summary: > “If 1.8525/05 holds as new support, GBP/CAD is primed for a rally toward 1.8650. If it breaks back below 1.8510 and forms bearish engulfing, then bears may regain control. At this moment, I favor the upside with 70% probability.” --- ### ✅ What I’d Personally Do: > Place a **Buy Limit at 1.8505**, **SL below 1.8440**, target **1.8650**. > If price revisits 1.8505 but shows indecision, I’d wait for a bullish confirmation candle before manually buying. --- ⚠️ **Risk Note:** Trading forex involves substantial risk. Never risk more than you can afford to lose. Use proper lot sizing, especially during key news (BOE/CAD data nearby). --- 🧠 **Pro Tip:** "Watch for clean retests and candle confirmation. Always let the market come to you. Patience = Profits." ---
Long
by jibkhan111
GBPCAD SHORT FORECAST Q2 W24 D12 Y25GBPCAD SHORT FORECAST Q2 W24 D12 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside intraday confirmation breaks of structure. 💡Here are some trade confluences📝 ✅Weekly highs POI ✅1H order block rejection ✅4H order block rejection ✅15’ order block identification 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
GBPCAD Counter-Trend SELL(Weekly) - Price hit previous extreme high at (1.85932 - 1.87820) and was rejected forming double top neckline at (1.81470 - 1.80561) . (Weekly) - Previous Week Candle Close is Shooting Star showing sellers taking action at Key Resistance level. (Daily) - Price formed double top inside our resistance level at (1.85932 - 1.87820). (Daily) - Price broke double neckline at (1.85533 - 1.85774). (H4) - Price was in distribution at (1.86602 - 1.85774). (H4) - Rising Trendline that price broke connecting (1.80561 - 1.86011). Trade Entry. (H4) - Wait for price to retest our daily double top neckline & low of the distribution at (1.85533 - 1.85774) to join the reversal. (H4) - Take profit at Weekly Double Top Neckline at (1.81470 - 1.80561).
Short
by Victor_Kinyanjui
2
GBPCAD Massive Long! BUY! My dear subscribers, GBPCAD looks like it will make a good move, and here are the details: The market is trading on 1.8497 pivot level. Bias - Bullish My Stop Loss - 1.8456 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.8577 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBP/CAD BULLISH BIAS RIGHT NOW| LONG Hello, Friends! GBP/CAD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.853 area. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Long
by EliteTradingSignals
3
GBPCAD - Bearish BAT Pattern Market is forming Bearish BAT pattern, we plan our entry on break on "A" point and then plan our TP till market reaches PRZ. as these pattern are reversal patterns, we plan our next entry on D point after good bearish signal is observed. we will look into divergence or any good bearish candle. as BAT pattern usually form Divergence before Bearish trend. For Buy Entry : Place stop loss below the "C" point and TP at PRZ For Sell Entry : Place stop loss above PRZ (which is also a good resistance level)
Short
by ProTradeProfessor
GBPCAD Sell- Go for short sell then manage your trade - potentially go lower but beware of pull back manipulation when break low - Refine entry with smaller SL for better RR, if your strategy allow A Message To Traders: I’ll be sharing high-quality trade setups for a period time. No bullshit, no fluff, no complicated nonsense — just real, actionable forecast the algorithm is executing. If you’re struggling with trading and desperate for better results, follow my posts closely. Check out my previously posted setups and forecasts — you’ll be amazed by the high accuracy of the results. "I Found the Code. I Trust the Algo. Believe Me, That’s It."
Short
by Vincent-DA
The 3 Step System To Watch Out ForOn this trade we are looking at the forex trade.Now the special thing about this trade is that instead of focussing on the daily chart we are focussing on the weekly chart. You may be thinking “Why are we focussing on the weekly chart?” Well this is because you have to be ahead of the crowd and see the coming trend. If you want to do your own trading strategy thats okay but if you want to learn more about the Rokcet booster strategy Then you need to follow these 3 steps • The price has to be above the 50 EMA • The price has to be above the 200 EMA • The price should gap up in an uptrend This is the rocket booster strategy In order to learn more Rocket boost this content to learn more Disclaimer:Trading is risky you will lose money so please use a simulation trading account before you trade with real money.Also learn Risk managment and protif taking strategies.
Long
by lubosi
GBP Bearish Outlook | Potential GBP Short Setup The GBP is currently showing signs of weakness as it approaches a key resistance zone. Price action suggests a potential bearish reversal, with lower highs forming and momentum indicators signaling exhaustion. A rejection from this level could lead to a continuation of the downtrend. Traders may look for short opportunities upon confirmation of a breakdown below support, with potential targets at previous swing lows. Key Points: Price testing major resistance zone. Bearish candlestick patterns visible. Momentum divergence / overbought RSI (if applicable). Potential short entry on breakdown with tight risk management. This is just idea not financial advice
by Smart_Trading_Strategy