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CANADIAN DOLLAR / BRITISH POUND

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CADGBP trade ideas

GBPCAD Will Go Down From Resistance! Short! Please, check our technical outlook for GBPCAD. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.868. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.855 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. 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 subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
Ready for the Long?This is a **GBP/CAD 4H chart** with a clear **bullish bias** across multiple timeframes (W, D, 12H, 6H, 4H). ### Key Points: * **Market Structure**: Strong bullish breakout above previous resistance zones, confirming a shift in momentum. * **Current Price**: 1.8641, just below a key resistance level at **1.8664**. * **Projection**: Expecting a **pullback** towards the **1.8571–1.8549 Daily AOI** zone, followed by a **bullish continuation** to the upside. * **EMAs**: * Price is above both the **50 EMA (blue)** and **200 EMA (red)**, confirming upward momentum. * **Volume & Liquidity Zones**: * The breakout cleared previous liquidity, indicating strength. * The next major resistance is untested, suggesting more room for upside after a healthy retracement. ### Summary: GBP/CAD is in a **strong uptrend**. After a short-term correction into the Daily AOI (support), a **continuation toward new highs** is anticipated if bullish order flow continues.
Long
by andreabiondo13
Technical Zones & StructureTechnical Zones & Structure 🔹 Bearish Rejection Zone (Supply Area) Price tapped into a strong supply zone at the top blue box, aligning with trendline resistance. Immediate reaction followed by sharp bearish candle shows potential liquidity grab and smart money sell-off. 🔹 Demand Zone Mid-chart gray/blue zone is a key reaction area that price may retest before confirming further downside. Market Structure I’ve drawn a rising wedge, which price has already broken down from = bearish reversal signal. Pullback anticipated into the broken structure zone (gray) → potential entry zone for short. Trade Idea (as visualized) Sell Setup Plan: ✅ Ideal Entry: Retest of broken wedge / demand-turned-supply (~1.84750–1.84900) 🎯 Target 1: 1.84300 zone 🎯 Target 2: 1.83500 (bottom demand zone) 🛑 SL: Above previous high / upper blue supply (~1.85300+) SET and FORGET
Short
by J1000PIPSfx
Trade Idea: Sell GBPCAD (Short-Term Exhaustion Setup)### **📉 Trade Idea: Sell GBPCAD (Short-Term Exhaustion Setup)** **Bias:** 🔻 Short-Term Bearish | 🧭 Medium-Term Neutral **Goal:** Catch the dip before trend resumes or price flattens --- ### **💡 Why Sell?** **🇬🇧 GBP:** * Sluggish data 😴 * BoE expected to cut 🔻 * Traders losing interest in the pound **🇨🇦 CAD:** * Oil holding strong = CAD backed 🛢️ * Inflation still sticky = no rush to ease 🧨 * CAD showing quiet strength vs peers --- ### **📊 Technical Feel (Not Exact):** * **Momentum looks tired:** Price has pushed up a few times but keeps slowing down 🐌 * **Structure stretched:** Feels like it's gone too far too fast — a breather makes sense 🧘 * **Buyers losing steam:** Recent pushes feel weaker — candles getting smaller, follow-through fading 🔍 * **Volume thinning:** Less excitement at these highs — fewer traders chasing 🚶‍♂️ * **Indicators turning soft:** Momentum tools like RSI/MACD feel heavy — not reversing, just sagging 🧯 * **Drift from moving averages:** Price looks disconnected from its base — likely to snap back 👣 --- ### **⚠️ Invalidation:** > If the move gathers fresh energy and breaks recent highs with speed — bulls still in charge ⚡ --- ### **🎯 Summary:** GBP feels overextended, CAD quietly strong. Charts aren’t screaming sell — but whispering “this move’s tired.” Short-term dip likely before the next decision point. --- Let me know if you'd like a one-liner caption or want this fitted into a trading journal style!
Short
by Wainainarobert
Lingrid | GBPCAD Bearish Opportunity at Confluence ZoneFX:GBPCAD is rebounding from the bottom of its support zone, forming a rounded recovery toward a confluence of resistance levels near 1.8507. Price is nearing the intersection of a downtrend line and a horizontal key level, creating a high-risk rejection zone. A failure to break above this confluence could initiate a bearish swing toward 1.8430 or lower. 📈 Key Levels Buy zone: 1.8430–1.8460 Sell trigger: bearish rejection at 1.8507 Target: 1.8305 Buy trigger: strong close above 1.8576 💡 Risks Breaking 1.8507 could lead to extended upside Economic news or CAD volatility may disrupt pattern Price may stall in the resistance cluster before choosing direction 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 Lingrid
6
GBPCAD Technical Analysis! BUY! My dear friends, GBPCAD looks like it will make a good move, and here are the details: The market is trading on 1.8449 pivot level. 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 - 1.8496 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis 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