GBP-CAD Support Ahead! Buy!
Hello,Traders!
GBP-CAD keeps falling down
But a strong horizontal support
Level of 1.8322 is ahead so after
The retest we will be expecting
A local bullish rebound
Buy!
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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 SHORTMarket structure bearish on HTFs DH
Entry at both Weekly and Daily AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Daily EMA retest
Previous Structure point Daily
Around Psychological Level 1.85500
H4 Candlestick rejection
Rejection from Previous structure
Levels 4.04
Entry 100%
REMEMBER :
GBPCAD Massive Long! BUY!
My dear friends,
Please, find my technical outlook for GBPCAD below:
The instrument tests an important psychological level 1.8447
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
GBPCAD SHORT FORECAST Q3 D15 W29 Y25GBPCAD SHORT FORECAST Q3 D15 W29 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 s
GBPCAD - Looking To Sell Pullbacks In The Short TermH1 - Strong bearish move.
No opposite signs.
Expecting further continuation lower until the two Fibonacci resistance zones hold.
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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 OUTLOOKIn this analysis we're focusing on 2H time frame for finding possible upcoming movement in price. So as per my strategy today I'm looking for a sell trade opportunity. Confirmation is very important, after confirmation we'll execute our trade. Let's see which opportunity market will give us.
Always
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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.
Frequently Asked Questions
The current rate of GBPCAD is 1.84253 CAD — it has decreased by −0.02% 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 0.45%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPCAD showed a −1.21% fall over the past week, the month change is a −0.30% fall, and over the last year it has increased by 3.87%. 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 neutral signal, and 1 month rating is buy. See more of GBPCAD technicals for a more comprehensive analysis.