GBPCAD-SELL strategy 6 hourly chartthe pair had some correction, but think overall we me south of the borders.
Strategy SELL current and take profit near 1.7657 for now.
GBPCAD trade ideas
GBPCAD BEARFISH FOR 100PIPS Resistance: Look for recent highs or key resistance levels where price might struggle to break higher.
Support: Identify strong support levels where the price might find a floor or reverse.
A break below a key support level could trigger further bearish movement, especially if there is a pattern like a break of a trendline, a double top, or a head-and-shoulders formation.
Technical Indicators:
Moving Averages: If the price is below key moving averages (like the 50-period or 200-period MA), it might signal a bearish trend.
RSI: A reading below 30 could indicate oversold conditions, but if RSI is trending lower, it might indicate continued bearish momentum.
MACD: A bearish crossover (where the MACD line crosses below the signal line) could confirm the bearish forecast.
Fundamental Factors:
Interest Rates: The Bank of England (BoE) and the Bank of Canada (BoC) monetary policies can significantly affect GBP/CAD. If there is a divergence in their interest rate outlooks, it can influence the pair’s direction.
Economic Reports: Keep an eye on economic data such as GDP, inflation, and employment reports from the UK and Canada, as these can affect market sentiment.
GBPCAD - Reversal SetupHello traders
Market conditions haven't been that good this week, so we haven't had any setups yet.
After GBPCAD broke the trendline with a large bearish candle, it is showing a change in trend.
So now we are looking to short it at the golden zone of 0.618.
GBP/CAD +60 Pips 0 Drawdown , Did You Enter ? New Update !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBP/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
Previous week’s green candle means that for us the GBP/CAD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.767.
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GBPCAD1.4h
2downtrend/bos we wait the retest to sell /done
3resistance level/support /
4double top/double top form and breake out structure/
5rsi78/sto91/Vol bearish//rsi65/sto40/Vol bearish//rsi46/sto12/volbearish//rsi33/sto0/vol bearish
6.vol bearish/we wait the sell confirmation/rsi44/sto76/volbearish
7fiibex done at the perfect zone to sell///in red zone prepare to sell, above zone/
8fibretrac blue zone perfect zone to sell// done at blue, above zone/
9 big sellers enter here …/about tp sell because the gap didn’t break the resis zone yet
10.load sell orders
11r/r1/3,1/4,1/6
12bearish divergence / bearish divergence //bearish diveegence/bearoish divergence/
13bearish expanding triangle /bearisharami/spinning top/evening star/tweezer top
14 bearish flag pattern /bearish
Downtrend support zone sell after retracement
If the fib does not reach the 61zone then is a strong downtrend
Since is Tuesday a sell can be possible since the highs are already formed
Market about to retrace and fib target above to sell
1.2h
2downtrend
3resistance level/support zone/lkv
4rising wedge /bearish pannent /bearish expanding triangle/
5rsi60/sto67/volpower loss and selling getting geround/rsi65/sto49/volbearish
6.rsi64/sto72/vol if breaks te resis zone above we look for buy entries
7fibextern blue zone exoec/pattern drawn/exp
8fib retrac redzone breakout structure/bearish expectation/exp
9strong zone /sell at te highest cprice
10expecting sell at the bos zone
11.1/2,1/3,1/4,1/6//1/3
12bearish divergence /bearish divergence /
13bearish engulfin/three dark soldiers/marobusa /tweezer top/
14. bullish and sell later
Because of usa new tomorrow we wait to sell at the fibex blue zone above or execute below thehl of the bearish pannent (sell)
Bos at the bearish exp triangle we expthe second retracement to sell down
1.1h
2consolidation/downtrend/
3resistance/resis/supportzone
4symmentric expanding triangle/double top
5rsi58/sto77/volbull insisting but a bearish signal s good to sell /rsi68/sto82/vol//rsi34/sto17/vol bearish
6,new sell positin entering , expect sellers
7fibex done/exp
8fibretrac done /exp
9expectx selerssells/sell below the fibzones
10wait the retracement first before selling
11.1/2,1/3
12bearish divergence/
13doji spinning top/bearish engulfing /
14
Entry conditions at blue zone selling possibilities (aaasetup)3% x 3 at the 3 interval zone remove 1 tp at support zone and wait te retracement and add sell limit orders
Tp 1 at the blue zone down wait retrace and sell more
Enter 0.001 at each level / wait the retracement for sell limit order
Sell position at zone of interest
Satuday analysis done /
GBPCAD SHORT Market structure structure beariish on HTFs 3
Entry at both Daily and Weekly AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Daily EMA retest at AOi
Previous Daily Structure Point
Around Psychological Level 1.78500
H4 EMA retest
H4 Candlestick rejection
Levels 8.63
Entry 105%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
Scenario on GBPCAD 13.2.2025I see the GBPCAD market as follows: the first sfp short from the price of 1.785 and the next one is at the price of 1.795. If I look long, the first interesting level for me is around the support of 1.7695-1.7672. The next one comes out below this support and if the market breaks through it, I think we will go lower.
Buy GBPCADPrice retraced but couldn't break lower, therefore confirmining and upward trend. Price should continue going higher. Might have a little resistance at around 1.78545, but should breakthrough that and continue to the upside
GBPCAD Bullish Wedge Pattern: Potential for Further GrowthGBPCAD Bullish Wedge Pattern: Potential for Further Growth
The GBPCAD has recently broken out from a bullish wedge pattern, suggesting that the GBP is likely to see an increase in bullish volume today.
Previously weakened by the Bank of England's (BOE) rate cut, it appears the market has already digested this news.
The last two candles are both green and long, signaling potential for continued growth.
Key resistance zones to watch are near 1.7790 and 1.7850.
You may find more details in the chart!
Thank you and Good Luck!
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GBPCAD FORECASTLooking at the GBPCAD for today, however, this pair still needs more price development. We need to be patient before we look to position ourselves better. Let's have a look and see how the price plays out.
GBPCAD 12/02/2025Weekly:
-Weekly highs rejected
Daily:
-Bearish W pattern.
-FVA acting as resistance.
4H:
-Deceleration at the point of interest.
GBP/CAD Bullish Rebound Fibonacci Support Signals 1.8200 Target GBP/CAD is trading at approximately 1.7800. Our target price of 1.8200 suggests an anticipated upward movement of 400 pips. This projection aligns with a bullish outlook, particularly as the pair appears to be finding support between the 50% and 61.8% Fibonacci retracement levels.
Technical analysis indicates that GBP/CAD is approaching a pullback support level near 1.7806, which aligns with the 50% Fibonacci retracement. This area may serve as a foundation for a potential bullish bounce toward the first resistance level at 1.7968. The confluence of the Fibonacci retracement and support levels strengthens the case for a rebound.
Fundamentally, the British Pound has been influenced by the Bank of England's interest rate decisions, while the Canadian Dollar has faced pressure from declining oil prices. These factors contribute to the current bullish sentiment for GBP/CAD.
In summary, GBP/CAD is exhibiting bullish potential, supported by key technical levels and fundamental factors. Traders should monitor the 1.7806 support level and the 1.7968 resistance level, as well as broader economic indicators, to make informed trading decisions.
GBP_CAD APPROACHING RESISTANCE|SHORT|
✅GBP_CAD is going up to retest a horizontal resistance of 178.720
Which makes me locally bearish biased
And I think that we will see a pullback
And a move down from the level
Towards the target below at 177.290
SHORT🔥
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Bearish reversal?GBP/CAD is rising towards the pivot and could drop to the 1st support which is a pullback support.
Pivot: 1.7854
1st Support: 1.7661
1st Resistance: 1.7926
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Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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GBPCAD: Bullish Continuation
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPCAD chart which, if analyzed properly, clearly points in the upward direction.
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Institutional Demand: GBP/CAD longsHey,
Besides the JPY pairs, this one is shaping up as well.
Price is already in value, just need the 4-hour confirmation.
Would be nice if we get it today.
Kind regards,
Max Nieveld
+350 pips Advanced BUY/HOLD GBPCAD XABCD swing trade setup BULLS🔸Hello traders, let's review the 4 hour chart for GBPCAD. Speculative XABCD in progress, with PRZ/D set at 8360, so expecting more losses in GBPCAD before reversal from point C.
🔸XABCD structure is defined by point X at 8200, point A at 7510, point B
at 8080, point C at 7630, point D/PRZ at 8360, currently most points validated, point C/PRZ still pending, so traders should wait until we hit C before buying.
🔸Recommended strategy for GBPCAD traders: wait for pullback/correction
to complete at point C near 7630, buy/hold, SL 75 pips, TP1 +350 pips TP2
+700 pips. BUY/HOLD at point C/PRZ at 7630. swing trade setup. good luck!
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Bullish bounce off 78.6% Fibonacci support?GBP/CAD is falling towards the pivot and could bounce to the pullback resistance/
Pivot: 1.7632
1st Support: 1.7516
1st Resistance: 1.7787
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBP/CAD NEXT MOVESell after bearish candle stick pattern, buy after bullish candle stick pattern....
Best bullish pattern , engulfing candle or green hammer
Best bearish pattern , engulfing candle or red shooting star
NOTE: IF YOU CAN'T SEE ANY OF TOP PATTERN IN ZONE DO NOT ENTER
Stop lost before pattern
R/R 1/3
Trade in 5 Min Timeframe, use signal for scalping
GBP/CAD NEXT MOVESell after bearish candle stick pattern, buy after bullish candle stick pattern....
Best bullish pattern , engulfing candle or green hammer
Best bearish pattern , engulfing candle or red shooting star
NOTE: IF YOU CAN'T SEE ANY OF TOP PATTERN IN ZONE DO NOT ENTER
Stop lost before pattern
R/R 1/3
Trade in 5 Min Timeframe, use signal for scalping
Trend lineit going down probable till where the horizontal line is at, I'm definitely entering again.
GBP/CAD "Pound vs Canadian" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Thieves, 🤑 💰🐱👤
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/CAD "Pound vs Canadian" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Be wealthy and safe trade.💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on!
however I advise placing Buy Stop Orders above the breakout MA or Place Buy limit orders within a 15 or 30 minute timeframe. Entry from the most re cent or closest low or high level should be in retest.
Stop Loss 🛑: Thief SL placed at the recent / nearest low level Using the 4H timeframe,
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 1.85000 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
GBP/CAD "Pound vs Canadian" Forex Market is currently experiencing a Bullish trend., driven by several key factors.
🟡Fundamental Analysis:
The UK's economic growth has been slow, but the Bank of England's interest rate decisions may provide support for the pound. Canada's economy has been affected by the decline in oil prices, which may impact the Canadian dollar.
🔴Macroeconomic Factors:
UK Inflation: 2.5% (August), expected to remain low
Canada Inflation: 2.1% (July), expected to rise
UK Unemployment: 3.9% (July), expected to remain low
Canada Unemployment: 5.7% (July), expected to rise
UK GDP Growth: 1.0% (Q2), expected to slow down
Canada GDP Growth: 1.3% (Q2), expected to slow down
🟤COT Report:
The Commitment of Traders (COT) report shows that institutional traders are net long on the GBP/CAD pair, indicating a bullish sentiment.
🟣Market Sentiment:
Bullish: 65%
Bearish: 35%
Neutral: 0%
Retail Trader Sentiment:
Long: 70%
Short: 30%
Institutional Trader Sentiment:
Long: 60%
Short: 40%
🟢Overall Outlook:
The GBP/CAD pair is likely to continue its bullish trend, driven by the UK's economic growth prospects and the Bank of England's interest rate decisions. A strong break above the resistance level could confirm the uptrend.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
