GBPCAD 4H The price appears to be forming a strong support zone around the 1.8350 level, as marked by the horizontal gray area. This level has been tested multiple times, suggesting accumulation and potential exhaustion of selling pressure.
🔄 Scenario: If the support holds, GBP/CAD could bounce and head towards the 1.8800–1.8900 area, as illustrated by the projected path.
✅ Bullish Bias if:
Price holds above 1.8350
Breakout above minor highs near 1.8450
Positive momentum from news or fundamentals
🚫 Invalidation:
Clean break below 1.8300 could trigger further downside.
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⚠️ Disclaimer
> This chart is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument. Always conduct your own research and consult a licensed financial advisor before making trading decisions.
GBPCAD trade ideas
GBPCAD WE MOVEFX:GBPCAD , As we can see on the chart, Buyers aggressively reacted from these h4 demand zone throwing atomic bullish engulfing candle out of these zone to showed sign of strength. So buying around the Engulfing candle will surely be a wise moves base on the overall trend, Forget about the weak 50 and 200 ema that is currently above the price on this very chart. Buyers are in control.
$GBPCAD: Overall Bearish, Short Term Upside
➡️ Downside motive wave: We are finishing 5 waves at strong blue support zone. I don´t see enough momentum to break this zone at the moment.
➡️ Expect a recovery: Price will probably make a short-term recovery, with a high probability of reaching the middle of the range at 1.85-1.86.
➡️ After this recovery (wave 2 or B), expect further downside, potentially breaking blue support.
GBP/CAD Possible Buy Trade With Great Pips!The price is standing at a strong area of support that is a historical area of support and pushed the price multiple. I think it can be a great area to enter a buy trade but I have 2 conditions to enter this trade:
1- great bullish price action above an area of support.
2- if we have a daily closure below this area of support this trade will be canceled.
I will commit to these conditions and see what will happen.
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 use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is my prediction.
#GBPCAD 1H Technical Analysis Expected Move.
#011: Long Investment Opportunity on GBP/CAD
After weeks of compression, GBP/CAD is showing clear signs of institutional accumulation. The price recently released a false bearish breakout below 1.8400, followed by a reabsorption and spike with decreasing volumes: a typical "retail flush" structure.
Added to this are clear macro elements:
The pound is supported by a still-tight monetary policy, with the BoE maintaining a hawkish tone.
The Canadian dollar is suffering from declining oil expectations and the risk of a more rapid rate cut by the BoE.
📉 What happened?
The market attempted to "clear" the 1.838–1.840 zone with a rapid, unfollow-through bearish move. This behavior, combined with the Open Interest reading and retail positioning, suggests an institutional entry intention in the area between 1.8375 and 1.8365.
📈 Positioning
A Buy Limit was placed at 1.83740, with a wide Stop Loss at 1.82890, outside any visible hunting zone, and a Take Profit at 1.86280, where profit-taking has historically occurred on similar patterns.
🎯 Main motivations for long
Accumulation visible with stop-hunt below support at 1.8400
Net long GBP futures position
Retail short above 70%, a typical reversal signal
No significant volume obstacles until 1.8620
Psychological resistance already tested (1.846, 1.850)
⏳ Estimated timeframe
The setup could develop over several days, with the first movement as early as today (Friday) and completion by mid-next week. The intention is to follow the banking flow, without anticipating or reacting to emotional price movements.
GBPCAD Will Go Down From Resistance! Sell!
Take a look at our analysis for GBPCAD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.850.
Considering the today's price action, probabilities will be high to see a movement to 1.836.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPCAD bullish reaction to BoE rate decisionThe GBPCAD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 1.8240 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 1.8240 would confirm ongoing upside momentum, with potential targets at:
1.8510 – initial resistance
1.8600 – psychological and structural level
1.8690 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 1.8240 would weaken the bullish outlook and suggest deeper downside risk toward:
1.8160 – minor support
1.8076 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the GBPCAD holds above 1.8240. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GBP/CAD SENDS CLEAR BEARISH SIGNALS|SHORT
GBP/CAD SIGNAL
Trade Direction: short
Entry Level: 1.833
Target Level: 1.821
Stop Loss: 1.840
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 3h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GBPCAD BUY OPPORTUNITY Price provides a buy opportunity from the current market price of 1.84002. As support level of 1.83192 remain unbroken and the recently formed triangular pattern which is a continuation pattern also get broken. Our buy target profit level is 1.84816.
Take advantage of this potential opportunity.
GBPCAD Will Go Down! Short!
Please, check our technical outlook for GBPCAD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.833.
The above observations make me that the market will inevitably achieve 1.813 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
gbpcadThe entry point of 1.83350 is strategically placed to catch the breakout above minor resistance.
The first target at 1.83480 captures a short-term price retracement zone with high probability.
The second target, 1.83610, aligns with the upper boundary of a recent consolidation range.
The third target, 1.83700, is placed just below a psychological resistance level, offering a solid reward.
A tight stop loss at 1.83200 limits downside risk while keeping the risk-reward ratio favorable (approximately 1:2+).
GBP_CAD RISKY SETUP|LONG|
✅GBP_CAD is going down to retest
A horizontal support of 1.8320
Which makes me locally bullish biased
And I think that we will see a rebound
And a move up from the level
Towards the target above at 1.8380
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPCAD - Long-Term Long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈GBPCAD has been overall bullish trading within the rising wedge pattern marked in blue.
This week, GBPCAD has been retesting the lower bound of the wedge.
Moreover, the red zone is a strong weekly structure.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower blue trendline and red structure.
📚 As per my trading style:
As #GBPCAD approaches the blue circle zone, I will be looking for trend-following bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPCAD | One Kiss at 1.8390, and I’m All In!The big picture of GBPCAD is BUY possible up to 1.8550
See the H4 BUY range?
It slid love note to BUY into my DMs since 17/JulY. I didn't fall blindly since H4 SELL range came in like a jealous ex.
So I flipped to SELL and I shared my love signal with you here. (check my last week GBPCAD signal).
See that bottom black line at 1.8370?
It got a gentle kiss from the Daily candle (REJECTION).
Then 15m already whispered, "a sweet breakout"!
📌LONG STORY SHORT, I'M BUY AT 1.8390
If H4 comes and kisses 1.8390 (just a touch and wick), I’m BUYING — no more playing hard to get. 😘
TP? 1.8490 — that’s a sweet 100-pips date night!
But if it cuddles (closes by body) That’s it — my heart will be broken. 💔
WISH ME LUCK...or TISSUES! 😂!!!