Hello Traders it looks like GBP/CAD is going to retrace partially it's last drop Zone 1.70900 is a very good place to jump for 1.722. We anticipate the price to move a bit down and then move toward 1.722. Any break below 1.70700 will invalidate our analysis. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and...
✅GBP_CA D is set to retest a Strong resistance level above at 1.7215 After trading in a local uptrend for some time Which makes a bearish pullback a likely scenario With the target being a local support below at 1.7140 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
I analysed it, There is buying opportunity for GBPCAD at market price and Price should go up Buy 1.71000-1.71500 Target 1.73500 SL 1.70500 This is my analysis for GBPCAD
Please, check our technical outlook for GBPCAD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.711. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.719 level soon. P.S We determine oversold/overbought...
Welcome back! Let me know your thoughts in the comments! ** GBPCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
My dear subscribers, This is my opinion on the GBPCAD next move: The instrument tests an important psychological level 1.7132 Bias -Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.7197 My Stop Loss - 1.7097 About Used Indicators: On...
Hello,Friends! We are targeting the 1.716 level area with our short trade on GBP/CAD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
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.
Hello,Traders! GBP-CAD made a bullish Rebound from the support Level blow at 1.7208 just As I predicted, which reinforces My bullish bias and I think That the pair will keep Going further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello, traders here is an analysis of GBPCAD as you can see the market is on a bullish trend and now it has just reached its point/zone of resistance so now the question is it going up or down? I have got two options if the price can break the resistance zone and close above I am looking for buying/bullish trades and if the price breaks the trend line below and...
Let's delve into the GBP/CAD currency pair as we approach the end of the night. 🌙 On the four-hour timeframe, after a robust uptrend and a test of the daily resistance line at 1.73398, we experienced a rejection, signaling a corrective phase. 📉 Moreover, within this timeframe, we observe a four-hour trend that broke down after the correction. Upon the activation...
💵Pair Name GBP/CAD Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Mid Term Type : Mid Term Swing —————————— Bullish...
Hello,Traders! GBP-CAD is trading above The horizontal support level Of 1.7208 and seems to be Consolidating for a further Move up so we will be Expecting further growth Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Take a look at our analysis for GBPCAD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.725. The above observations make me that the market will inevitably achieve 1.720 level. P.S Overbought describes a period of time where there has been a...
Hello,Friends! GBP-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.707 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/CAD pair. ✅LIKE AND COMMENT MY IDEAS✅
There is liquidity built up above this zone but orderflow looks bearish. At this 1.72649 zone I am looking for a confirmation to go short to clear liquidity at 1.72056.
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.7290, which is a pullback resistance that aligns with the 61.8% Fibo retracement. . Our take profit will be at 1.72259, a multi swing low support level. The stop loss will be placed at 11.7345, a swing high resistance level High Risk Investment Warning Trading...