GBPCAD trade ideas
Institutional Supply: GBP/CAD shortsHey,
The flip side, GBP offers more opportunities for weakness.
As shared in the prior post of EURO vs GBP, this one is also at value.
Price is currently in supply and we're waiting patiently for the 4hour chart to shape up.
Let's see.
Kind regards,
Max Nieveld
GBPCAD-SELL strategy 6 hourly chartNo change in view. The pair is overbought and shying away from regression channel resistance 1.8188. Overall it appears to be in negative territory.
Strategy SELL @ 1.8160-1.8185 and take profit near 1.8017 for now.
GBP-CAD Potential Short! Sel!
Hello,Traders!
GBP-CAD keeps growing
And the pair is locally
Overbought so as the pair
Retested a horizontal
Resistance level of 1.8237
We will be expecting a
Local bearish correction
Sell!
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Check out other forecasts below too!
GBPCAD is BearishGBPCAD looks over bought on the hourly time frame, you may consider selling trade with a 50 pips SL
Stay Safe!
GBPCAD INTRADAY uptrend continuation supported at 1.8100The GBPCAD price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be a sideways consolidation towards the rising support trendline zone.
The key trading level is at 1.8100 level, the consolidation price range zone. A corrective pullback from the current levels and a bullish bounce back from the 1.8100 level could target the upside resistance at 1.8165 followed by the 1.8186 and 1.8230 levels over the longer timeframe.
Alternatively, a confirmed loss of the 1.8100 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 1.8067 support level followed by 1.8030.
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GBP/CAD Trade Setup: Short at Daily ResistanceGBP/CAD has been in an extended move higher, breaking last week’s short setup. Now, I’m looking for a short entry on a test of daily resistance, expecting a potential pullback.
🔹 Trade Notes:
📊 The pair has rallied significantly, and price is approaching a key resistance zone where sellers may step in.
⚠️ A strong upper wick on the VIX Daily Candle suggests risk sentiment is stabilizing, which could support GBP underperformance vs. commodity currencies like CAD.
🔹 Trade Plan:
🔻 Pending Short Order: Waiting for price to test daily resistance before entry.
🎯 Target: A move lower toward the 1.806 - 1.800 zone.
🛑 Risk Management: Stop-loss above resistance; will adjust accordingly based on price action.
Guide for Execution:
✅ No Martingale: Additional orders are same size as the first, avoiding unnecessary risk.
✅ Remove Untriggered Orders: If the exit target is hit before entry, the pending order will be removed.
Will GBP/CAD finally roll over from this extended push? Watching closely for confirmation. Drop your thoughts below! 👇
17-02-2025 _ Short Term Bullish Idea _ GBPCAD H41- Divergence.
2- Followed by Convergence.
3- One can expect at Pullback.
4- Followed by continuation to the upside.
GBPCAD LongGBPCAD is now Net-Long on the regression break. It is near the highs of this market.
There are many moving parts with regards to CAD.
I will not take this trade.
#018 Trust The Process GBPCAD Sell 1348SGT 24022025Selling.
Price in a mid term up channel and price is at the top range of the channel, so I am selling, banking in to the selling pressure in the channel.
I think I need to take a few more pairs.
I took too little pairs last week because my account has depleted severely and I didn't think of making a new account. Now I done it, I need to pee, eat and continue taking more positions, so I could reach my 100 trades asap.
1350SGT 24022025
ASAP - XXX As Slow As Possible XXX
GBPCAD-SELL strategy 6 hourly chartAs mentioned yesterday in my SELL idea, the pressure upwards still there and so it did. this means we add to the existing short. The stochastic and now also RSI is quite overbought and we are nearing GANN angle top 1.8147.
Sterategy SELL @ 1.8090-1.8125 and take profit at 1.7907 for now.
GBP_CAD RESISTANCE AHEAD|SHORT|
✅GBP_CAD has been growing recently
And the pair seems locally overbought
So as the pair is approaching a horizontal resistance of 1.8233
Price decline is to be expected
SHORT🔥
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CANADIAN DOLLAR THE WEAKEST OF THE DAYGBPUSD - From 12.2.2025 British Pound broke SMA 30 and price start a bull run for 12 days. Price is now on very strong supply zone from 20.9.2024. Both of scenarios (BUY/SELL) have high possibilities but from the most recent performance of the pair a buy scenario is more favourable . If price break the 1.82313 ( the highest from 2019) next stop is the highest of 2018.
GBPCAD BUY SETUP🔥 Institutional Execution Plan
✅ Set Buy Limit @ 1.8000 - 1.7955 (Deep entry for better RR)
✅ SL @ 1.7930 (Below structure to avoid stop hunts)
✅ TP1 @ 1.8100, TP2 @ 1.8150, TP3 @ 1.8200 (Targeting liquidity zones)
✅ Wait for a liquidity grab before entering manually
SELL GBPCADGBPCD will give in soon be patient. Here on the daily timeframe, we can see a double top pattern coming together at the resistance 1,8122. Probably tomorrow the sells would come
GBPCAD at Key Resistance: Potential Selling Opportunity to 1.789OANDA:GBPCAD is trading near a robust resistance zone that aligns with prior price rejections. This area has previously attracted strong selling interest, making it a critical point to watch.
If bearish confirmation appears, such as strong upper wicks or bearish candlestick patterns, I anticipate a move toward 1.78900. But a break above this level could signal further upside and invalidate the bearish setup.
-Carefully evaluate price action at this zone before entering positions.
-Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Three Rising Valleys PatternNice looking Breakout to the Upside looking to happen this Year
Watching for price to RETEST another Support Level above 1.80
Three Rising Valleys Pattern on 4HR timeframe
Give it 2 or 3 months before another MAJOR breakout above the 1.8 surronding levels
GBPCAD-SELL strategy 12 hourly chartThe pair has some upward pressure, and it feels it may remain this way. The stochastic is topping out slightly, and also Fisher is overbought, with a slightly overbought RSI. the chance is there to see lower levels in the short-term.
Strategy SELL @ 1.7990-1.8025 and take profit near 1.7887.
GBPCADGBPCAD looks good on possible shorts, waiting to see if we could get a confirmation entry for shorts.
GBPCAD Will Go Down!
HI,Traders !
GBP-CAD went up sharply
And hit a horizontal resistance
Level of 1.79851 so we are
Locally bearish biased
And as we are already
Seeing a bearish reaction
We will be expecting
A local bearish move down !
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GBPCAD POSSIBLE SELL?The market is currently testing the current Daily area at the 0.681 Fib level on . Based on 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible reversal.
We could see SELLERS coming in strong should the current level hold. Let's see what the upcoming news will tell.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor
GBPCAD short positionpretty decent trade on GBPCAD,
really like the correctivness in the pullback on his way to the 0.71 level
would give this trade a half risk
