GBPCAD 4H long setupGBPCAD 4H Spring 💡 | Smart Money Accumulation Before Expansion
Watching a textbook Wyckoff spring unfold here on the 4H.
After a multi-day rally, price retraced, and liquidity built up just above 1.8713. What happened next?
🔻 We got a liquidity sweep, tagging below 1.8687 — then a sharp rejectio
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.
Related currencies
GBPCAD → Retest the area of interest before growthFX:GBPCAD is closing the imbalance area as part of a countertrend correction and consolidating below the 0.5 Fibonacci level. What's next, growth or decline?
The global trend is upward, and the situation is classic: the market needs energy and liquidity to continue growing.
Locally, we see th
GBPCAD: Your Trading Plan Explained 🇬🇧🇨🇦
GBPCAD is coiling on an important daily support cluster.
To trade that with a confirmation, pay attention to
an inside bar pattern on a 4H.
1.8579 is the level of an upper boundary of its range.
Its breakout and a 4H candle close above will provide
a strong bullish signal.
A bullish movement
Looking at a bearish marketWe have a clear dealing range with the dealing range high at 1.88296 and dealing range low at 1.83054. This appear to be a bearish market because the daily liquidity has been raided and the structure has been broken to the downside to mitigate the fair value gap around the equilibrium price. We are
GBPCAD corrective pullback, support retest at 1.8500The GBPCAD currency pair price action sentiment appears Bullish, supported by the current rising trend. The recent intraday price action seems to be a sideways consolidation breakout.
The key trading level is at the 1.8500 level, the previous consolidation price range. A corrective pullback from th
GBPCAD: Bullish Continuation Ahead?! 🇬🇧🇨🇦
One of the pairs that we discussed on the today's live stream
is GBPCAD.
The price nicely respected a key daily/intraday horizontal support.
A double bottom pattern on that and a bullish violation of its neckline
provide strong bullish confirmations.
I expect up move to 1.8666
❤️Please, suppo
GBPCAD Will Grow! Long!
Please, check our technical outlook for GBPCAD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.857.
Considering the today's price action, probabilities will be high to see a movement to 1.865
GBP/CAD Very Near Selling Area , Ready To Get 200 Pips ?Here is my daily chart on GBP/CAD , We have a very good res area the price very near it now and i`m waiting for touch for this res area and then i will enter a sell trade and targeting 200 pips at least , just waiting the price to give ma a good bearish price action from my res area and then i will
GBPCAD LONG FORECAST Q3 W28 Y25GBPCAD LONG FORECAST Q3 W28 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some
GBP_CAD BEARISH BREAKOUT|SHORT|
✅GBP_CAD broke the key structure level of 1.8580
While trading in an local downtrend
Which makes me bearish
And as the retest of the level is complete
Bearish continuation will follow
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer pr
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
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.
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.