GBPCAD at Key Resistance Level: Will it Drop To 1.83680?OANDA:GBPCAD has reached a significant resistance zone, marked by prior price rejections and strong selling pressure. This level has historically acted as a key supply area, increasing the likelihood of a bearish bounce if sellers regain control.
With the price now testing this resistance, I antic
About British Pound / Canadian Dollar
The British Pound vs. the Canadian Dollar. This is one of the most traded pairs in the world. The Canadian Dollar, often referred to as the “Loonie”, is considered to be a commodity currency because of Canada’s heavy energy exports.
Lingrid | GBPCAD bullish BREAKOUT with Short-Term PullbackThe price has perfectly followed my previous analysis . Recently, the FX:GBPCAD price broke and closed above the previous week's high and the psychological level at 1.85000. Following this significant breakout, the market is pulling back toward the support level, trendline, and triangle pattern.
GBPCAD Buyers In Panic! SELL!
My dear subscribers,
My technical analysis for GBPCAD is below:
The price is coiling around a solid key level - 1.8563
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal -
Bullish bounce?GBP/CAD is reacting off the pivot which is a pullback support and could rise to the 1st resistance.
Pivot: 1.8323
1st Support: 1.8275
1st Resistance: 1.8502
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 lo
Bearish reversal off pullback resistance?GBP/CAD is reacting off the pivot which is a pullback resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 1.8425
1st Support: 1.8275
1st Resistance: 1.8502
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trad
Pound Cad analysis In this analysis I started from weekly time frame identifying the directional bias. I then marked my previous weekly highs and previous weekly low. After identifying that I then looked at the structure to see if we are in an impulsive wave or a correction wave. I then concluded that I am in a correc
GBP_CAD SUPPORT AHEAD|LONG|
✅GBP_CAD is going down now
But a strong support level is ahead at 1.8340
Thus I am expecting a rebound
And a move up towards the target of 1.8420
LONG🚀
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related currencies
Frequently Asked Questions
The current rate of GBPCAD is 1.83455 CAD — it has increased by 0.055% in the past 24 hours. See more of GBPCAD rate dynamics on the detailed chart.
The value of the GBPCAD pair is quoted as 1 GBP per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPCAD has the volatility rating of 0.31%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPCAD showed a −0.56% fall over the past week, the month change is a −0.62% fall, and over the last year it has increased by 7.03%. Track live rate changes on the GBPCAD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
GBPCAD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPCAD technical analysis. The technical rating for the pair is neutral today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPCAD shows the buy signal, and 1 month rating is buy. See more of GBPCAD technicals for a more comprehensive analysis.