Get started

British Pound / Canadian Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

GBPCAD trade ideas

Lingrid | GBPCAD long from the SUPPORT levelFX:GBPCAD broke through both the resistance level and the downward trendline, signaling a bullish market trend. I anticipate a classic breakout retest followed by a continuation of this upward movement. Analyzing the daily timeframe, we can observe that the market is making higher highs and higher lows, which reflects robust buying pressure. As the price continues to test the significant round number of 1.8000 above, I believe it’s only a matter of time before we witness a strong breakout to the upside. My goal is the resistance zone at 1.80700 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
9
**GBP/CAD 1-Hour Forecast: Dynamic Movement Ahead**🔄 **GBP/CAD 1-Hour Forecast: Dynamic Movement Ahead** 📈📉 GBP/CAD is currently at **1.80301**, and we’re watching for an initial move up to break the **1.80709** level. If it reverses there, a dip could follow, breaking **1.79976** and reaching down to **1.78423**. 💡 **Key Levels to Watch:** - **Current Price:** 1.80301 - **Resistance Break & Pullback:** 1.80709 - **Support Break:** 1.79976 - **Bearish Target Zone:** 1.78423 🚀 **Longer-Term Outlook:** After touching **1.78423**, we anticipate a bullish reversal targeting **1.80709** and a potential push up to **1.81419**. 👉 How do you see GBP/CAD moving in the short term? Comment below with your insights! #GBPCAD #ForexAnalysis #PricePrediction #1HrChart #Pipnest
Long
by pipnest
GBP/CAD Bearish Breakout Expected from RangeGBP/CAD is expected to break out to the downside after a period of ranging market conditions. Despite multiple market data releases, the pair remained unaffected and has shown a consolidation pattern. I believe the ranging phase is over, and GBP/CAD is now beginning a bearish trend. The first target for this move is 1.76450 , with potential for further downside Currently, the RSI is below the oversold level, indicating a possible correction before the breakout continues. I plan to add some positions at this point, and if the RSI impulsively moves up to the 50 level, I will add more positions. Best of luck with this bearish trade!
Short
by ClearTradingMind
GBPCAD Possible Short Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry 1H - 50 EMA Rejection + Bollinger Band Rejection 15m - Entry in MAHI Note: * Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines) in 4H * 1:3 RRR * TAYOR A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
Short
by GreggiBond