GBPCAD SELL TRADE PLAN📉 GBPCAD SELL TRADE PLAN
📅 Date: May 06, 2025
🎯 Type: Intra-Day to Short-Term Swing
📊 Confidence Level: ⭐⭐⭐⭐ (78%)
🔁 Structure Type: Reversal from H4 Supply + Liquidity Sweep
📌 Risk:Reward: 3.2:1
🔍 Market Context
Bias: Bearish
Primary Structure: D1 & H4 bearish sequence maintained
Trigger Zone: Pri
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.
GBPCAD BULLISH OR BEARISH DETAILED ANALYSISGBPCAD is currently trading around the 1.85700 level, consolidating inside a well-defined bullish pennant on the 2-day chart. This pattern formation follows a strong impulsive rally from the 1.71000 region earlier this year, signaling that the pair is in a re-accumulation phase before its next leg h
GBPCAD - Potential SellCMCMARKETS:GBPCAD
Hi Traders, here is my view on this pair.
BIAS: SELL
Logical Analysis:
Since the end of 2022, the demand for this pair has been very
high. As a trader, this strong demand leads me to favor trading
it to the upside. However, it's important to remember that
buyin
Oh, I forgot to mentionOh, I forgot to mention — the chart had a nice Head and Shoulders pattern too.
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GBPCAD 2H (BOS 2H + Supply + Fib 88 level + GAP)Hello traders! We have good reaction from supply zone + BOS 2H(confirmation). Now i expecting that price will close fully gap and after it we need another confirmation from 1-3min BOS.
TP till Demand+0.5 Fib level.
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GBPCAD continue deeper the retracementWeekly we are having the retracement from bull run, but I see potential on sells because of multiple rejection from AOI W formed, and beautiful Head&shoulders pattern formed on Daily timeframe. I excpect the wick of Weekly in this zone and with engulfing confirmation we can enter to sell to continue
Mon 12th May 2025 GBP/CAD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CAD Buy. Enjoy the day all
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Displays a symbol's price movements over previous years to identify recurring trends.
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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.