Swing Short for GBPCADEntry: 1.8
TP1: 1.741
TP2: 1.69
TP3: 1.637
SL: 1.843
Price has reached major resistance levels, expecting the trend to turn bearish from here.
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 is in the bearish directionHello Traders
In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET
today GBPCAD analysis 👆
🟢This Chart includes_ (GBPCAD market update)
🟢What is The Next Opportunity on GBPCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Te
GBPCAD OUTLOOKIn this analysis we are focusing on 4H time frame for finding the upcoming moves and changes in GBPCAD price, I'm looking buy trade opportunity today. let's see what happens and which trade opportunity market will give us.
Always use stoploss for your trade.
Always use proper money management and p
gbpcad
GBPCAD is in a bullish continuation, targeting the previous high's liquidity. It’s expected to react at the 1-hour order block, aligning with the 50% Fibonacci retracement level. This zone could either propel the price higher if buying pressure continues or face resistance from sellers re-entering.
GBP/CAD D1: Potential Breakout from Rising Wedge with Double TopOn the daily chart of GBP/CAD, I’ve identified a Rising Wedge pattern with a Double Top formation within it, signaling a strong potential for a significant bearish movement. A similar pattern previously occurred on September 9, 2023, when a bearish breakout from the Rising Wedge was confirmed by a d
Smart money coceptI get my second entry in GBPCAD.
and i took it for the following confirmations:
1.the 1h ,15m,and 5m downtrend.
2. 3m liquidity and manipulation.
3.the counter trend in 3m.
4.the supply zone in 15m
Smart money concept GBPCAD i think is going down considering:
1.the 1H downtrend
2.the liquidity and manipulation in 5M
3.the counter trend in 5M
4.the supply zone in 1h
GBPCAD (Short)Turtle soup and Smart Money Concept Trading Strategy
The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend.
Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts.
ENTRY :- SELL -Above opening price
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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 current rate of GBPCAD is 1.79683 CAD — it has decreased by −0.15% 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 0.47%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPCAD showed a 0.01% rise over the past week, the month change is a 0.30% rise, and over the last year it has increased by 6.06%. 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.