Get started

British Pound / Canadian Dollar

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

GBPCAD trade ideas

GBP/CAD "Pound vs Canadian Dollar" Forex Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/CAD "Pound vs Canadian Dollar" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long & Short entry. 👀 So Be wealthy and safe trade 💪🏆🎉 Entry 📈 : You can enter a trade at any point. Stop Loss 🛑: Using the 2H period, the recent / nearest Pullbacks. Goal 🎯: Bullish Robbers TP 1.83700 Bearish Robbers TP 1.77800 Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Based on the fundamental analysis 📰 I would conclude that the GBP/CAD (British Pound/Canadian Dollar) pair is: Bullish Reasons: Interest rate differential: The Bank of England's (BoE) interest rate (3.5%) is higher than the Bank of Canada's (BoC) interest rate (3.0%), making the GBP more attractive to investors. Economic growth: The UK's GDP growth (1.1%) is relatively stable, while Canada's growth (1.5%) is more dependent on external factors, such as oil exports. Brexit uncertainty: The ongoing Brexit process has led to a decline in the GBP, making it undervalued and potentially due for a rebound. Commodity prices: Canada's economy is heavily reliant on commodity exports, and a decline in commodity prices could negatively impact the CAD. However, it's essential to consider the following risks: Global economic slowdown: A slowdown in global economic growth, particularly in the US and China, could negatively impact the GBP. Oil prices: A rise in oil prices could support the CAD, as Canada is a major oil exporter. BoC's monetary policy: The BoC's dovish stance and potential interest rate cuts could support the CAD. Bullish Scenario: Stronger UK economic data, such as GDP growth and inflation, supports the GBP Decline in commodity prices, particularly oil, supports the GBP Bearish Scenario: Global economic slowdown and rise in oil prices weigh on the GBP BoC's dovish stance and potential interest rate cuts support the CAD 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 decisions. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 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 🫂
by Thief_Trader
Wajani Investment...Long-term investment in this currencyGBPCAD 12/24/2024 This trade is for those looking to invest in a currency. This is a long-term trade (investment). This pair entered consolidation or has been in accumulation since 2016 (PS) . It created a Spring (SP) sometime in 2022 and finally the l ast point of support (LPS) in 2024 . It has taken approximately nine years of accumulation to reach LPS. For those who are familiar with Wyckoff trading method , this is more understandable. This shit is gonna explode like BTC lol If you are interested in learning more, please reach out. Remember, this is for educational purposes ONLY. Let me know your thoughts. For educational purposes only.
Long
by racyrace
GBPCAD A Fall Expected! SELL! My dear subscribers, My technical analysis for GBPCAD is below: The price is coiling around a solid key level - 1.8206 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.8179 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
GBP/CAD - H4 - Strong BreakoutThe GBP/CAD pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.7761 2nd Support – 1.7570 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
13
Could the price bounce from here?GBP/CAD is falling towards the pivot which is a pullback support and could bounce to the 1st resistance. Pivot: 1.8103 1st Support: 1.7949 1st Resistance: 1.8325 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.
Long
by ICmarkets
GBPCAD POSSIBLE SELL Based on DAILY and 4HR TF, the market seems to be forming a possible reversal pattern. We could see SELLERS coming in strong should the current level hold. 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.
Short
by WiLLProsperForex