GBPCAD Buy OpertunityGBPCAD is Bullish and available at its support area.
A long position with RRR 1:1 can be achieved.
GBPCAD trade ideas
GBPCAD- PERFECT SELL SETUP seems like market has formed TOP and now its time to take a corrective move. As compared, Bears have got more weight than Bulls with formation of ABCD pattern, Sentiments more than 90 Percent and Inside bar candle stick pattern as mentioned on chart. WE shall wait for the Formation of 1st LL, which is also a trend line touch zone and a good support level.
GBPCAD - NEW BREAKOUT !Hello Traders !
On the weekly time frame, The GBPCAD price broke the resistance (1.84164 - 1.82638).
This key level becomes new support !
So, I predict a bullish move🚀
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TARGET: 1.89450🎯
GBP/CAD Bearish Setup📉 Bearish Outlook on GBP/CAD – Here’s Why I’m Shorting! 📉
🔎 Fundamental Analysis: CAD Strength Incoming?
1️⃣ Canada’s Economic Data Shows Mixed Signals
Strong Ivey PMI (55.3 vs. 49.2 forecast) ✅
Weak employment numbers (-19.7k full-time jobs) ❌
25% U.S. tariffs on Canada → CAD at risk, but sentiment still holds.
2️⃣ GBP Faces Headwinds
BOE’s Dovish Stance keeps rate cut expectations on the table.
UK economic growth concerns limiting GBP upside.
3️⃣ Risk Sentiment Supporting CAD
If oil prices stabilize, CAD could gain further.
Markets adjusting to trade war concerns—watch USD/CAD for clues!
📊 Technical Breakdown – GBP/CAD Short Setup
🔹 Price Rejected from Key Resistance near 1.7250-1.7300
🔹 Bearish Engulfing Candle forming on H1/H4 timeframe
🔹 50 SMA Crossing Below 200 SMA = Bearish Momentum Confirmed! 🔥
🔹 RSI Showing Bearish Divergence → Momentum weakening!
🎯 Target Zones for the Short: ✅ TP1: 1.7100 (Key support level)
✅ TP2: 1.7000 (Major psychological level)
🚨 SL: 1.7350 (Above recent highs)
GBPCAD Wave Analysis – 10 March 2025
- GBPCAD rising inside minor impulse wave 3
- Likely to reach resistance level 1.8800
GBPCAD currency pair continues to rise inside the minor impulse wave 3, which belongs to the sharp intermediate impulse wave (3) from last year.
The price earlier broke through the key resistance level 1.8230 (a former multi-month high from December) –which accelerated the active impulse waves iii, 3 and (3).
Given the clear weekly uptrend, GBPCAD currency pair can be expected to rise to the next resistance level 1.8800 (target price for the completion of the active impulse wave (3)).
GBPCAD buy trade the price is in up trend
after breaking the HH structure zone and complate the BREAKOUT phase I waited for the retest on the same broken zone
when the price made the retest I shifted to lower Tame frame to identify the structure (the structure on the Pulback phase)
my confirmation was at the break of the LL on the pullback phase so after getting it I took the trade .
GBPCAD: One More Wave Ahead?! 🇬🇧🇨🇦
GBPCAD is positioned to continue rising to new highs.
A bullish breakout of a neckline of the ascending triangle
pattern on a 4H time frame provides a strong trend-following bullish signal.
With a high probability, the price will reach 1.868 level soon.
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GBPCAD FORECASTTraders! We have started again the new trading week, which is looking very promising! It is early in the week and we need to be patient to wait for the structures to develop well. However when we look at the GBPCAD we can see it at the key area, we need to see if the market will allow us to capitalize. In this video, I've passed through all the important scenarios that we can take advantage of. Let's be patient and wait to see what price will offer
GBPCAD: Classic Trend-Following Trading SetupLook at the price movement of 📈GBPCAD.
Following a significant bullish movement, the price began to consolidate within a horizontal channel on a 4-hour chart.
The breakout above the upper boundary of the channel, signifies a strong bullish trend continuation.
The next level of resistance to watch for is at 1.8703.
gbpcad resultgbpcad target hited.
This currency pair was in an uptrend and the target was touched.
thanks for support
SHORT ON GBP/CADGBP/CAD is rejecting a key supply area on the 15min after continuing to make (Lower Highs) on the Higher Time Frames.
There has been a change in market structure from Up to down on the lower timeframe signaling a possible drop.
GBP/CAD is highly over brought and I believe its ready to fall.
I will be selling GBP/CAD to the next swing low for about 100-150 pips. OANDA:GBPCAD
Fri 7th Mar 2025 GBP/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CAD Sell. Enjoy the day all. Cheers. Jim
GBP/CAD Potential ShortHi Traders.
We see this Pair is at the top of the HTF structure and is looks like its forming
a potential HnS Pattern. The right shoulder is still developing, so have some patience for the pattern to complete.
GBPCADrange side in up trend
gbpusd is on supply zone
gbpusd is up trend as you know trend is your friend so trade with trend
GPBCAD SIDEWAVE GBPCAD is side wave movement, but we are waiting for a short position to open. but now you can take this trade
GBP/CAD Technical AnalysisKey Trading Level: 1.8415
Bullish Scenario:
The overall sentiment remains bullish, supported by a breakout above the longer-term prevailing upntrend. However, recent price action suggests a sideways consolidation near the key level of 1.8415. A bullish reversal from this level could resume the upward momentum, targeting 1.8550 as the next resistance, followed by 1.8600 and 1.8650 if the rally extends.
Bearish Scenario:
A confirmed loss of the 1.8415 level and a daily close below it would negate the bullish outlook, potentially shifting momentum to the downside. If this occurs, the next support levels to watch are 1.8356, followed by 1.8330 and 1.8300, where further selling pressure could emerge.
Conclusion:
The 1.8415 level remains a key pivot point for GBP/CAD’s next move. A sustained hold and rebound from this level would reinforce the bullish trend, while a breakdown below it could trigger a deeper pullback. Traders should monitor price action around 1.8415 for confirmation of the next directional move.
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GBP/CAD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are now examining the GBP/CAD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.820 level.
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Sell GBPCADThe Canadian seems to be picking up strength again after Trump’S announcement of tarrifs which made it tank earlier in the week. New CAD and momentum coupled with exhaustion of the GBP makes for a nice bearish move.
GBPCAD Double Top/CorrectionGBPCAD I have been watching closely for a pull back over the past month. It has been on a brutal climb. I think given the current chart patterns we have a strong potential to double top at our current location. Risk is low and potential for profit is high.
Best Of luck! Trade safe and protect your capital :)
GBPCAD - ShortGBPCAD has formed double top divergence.
Entry is at the break of HL.
If price crosses down HL, sellers will be in control.
GBP/CAD Show H&S Pattern , Long Setup Valid To Get 200 Pips !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.
