#GBPCAD was in an uptrend, which it break down, and is likely to continue short according to technical study. Wait for it to retest its support and make a #short.
Hey traders, here is the analysis for the GBPCAD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
Waiting for retest as highlighted in the buy area
Hey traders, here is the analysis for the GBPCAD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
GBPCAD seems ascending triangle. If you have any idea leave comment below and don't forget to like this idea
Gbpcad will broke the resistance soon.
This idea is to just follow the big trend
GBPCAD has been rangey since 2019. Started trending down in April 2021, and it seems on the way to the bottom of the range. I'm not in love with the price action.
After moving over 400pips since our last publication on this pair (see link below for reference purposes), the price continued to find lower lows as it Breaks down of CA$1.71500 thereby making the Breakout on the 19th of April a false one (a feat recognized by the plunge in oil price). The Supply zone around CA$1.71000/1.72000 zone emphasizes the selling pressure...
For long term i have idea for this pair. it seem create W pattern and start grow from now. Let see how market do it. Like this idea, and leave comment below
Hi there, GBPCAD is setting up for a rally after all this sideways movements we had last months, watch lower timeframes for entries and join the wave Good luck
Completely looked at this wrong the other day... its easy to make sense out of nonesense
Gbpcad Moving in Descending Pattern if fundamentals support gbpcad then this will go long to the uper trendline of pattern and may fall again to the lower trendline
Price is reacting to the 38 fib level. Suggest waiting for a candle close before entering long. You need confirmations!