GBP/CAD - H1 - UK Budget Boosts!📝 Description & Technical Setup FX:GBPCAD
GBP/CAD is trading inside a strong Ascending Broadening Wedge, showing bullish momentum with higher highs & higher lows.Price is currently holding above the trendline and Ichimoku support, indicating continued upward strength.
We expect a bullish contin
About British Pound / Canadian Dollar
The British Pound vs. the Canadian Dollar. This is one of the most traded pairs in the world. The Canadian Dollar, often referred to as the “Loonie”, is considered to be a commodity currency because of Canada’s heavy energy exports.
Related currencies
GBPCAD Could continue HigherPrice was coming from a strong downtrend and eventually, the momentum faded and price began to base out.
Price then pushed straight into the neckline again and this time it broke, a clean breakout!
After that, price pulled back and that’s exactly what we want to see if we’re expecting continuation
GBPCAD: Pullback From Resistance ?! 🇬🇧🇨🇦
There is a high chance that GBPCAD will retrace from
a key daily resistance cluster.
I see a nice double top pattern on a 4h time frame on that
and a confirmed breakout of its neckline.
Expect a bearish movement to 1.851 level.
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GBPCAD Will Explode! BUY!
My dear followers,
This is my opinion on the GBPCAD next move:
The asset is approaching an important pivot point 1.8488
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal
Bullish breakout confirmed?GBP/CAD could fall towards the support level which is a pullback support and could bounce from this level to our take profit.
Entry: 1.8540
Why we like it:
There is a pullback support level.
Stop loss: 1.8436
Why we like it:
There is a pullback support level.
Take profit: 1.8710
Why we like it:
T
GBP-USD Free Signal! Sell!
Hello,Traders!
GBPCAD is pushing into the horizontal supply after a clean liquidity sweep, showing early signs of distribution. If rejection confirms, algorithmic order-flow favors a drop toward the next sell-side liquidity zone.
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Stop Loss: 1.8530
Take Profit: 1.8452
Entry Le
GBPCAD – Bearish Reaction From Supply (4H Swing Idea)Price has pushed back into a strong 4H supply zone that previously caused a major impulsive drop. This area represents institutional selling and has historically rejected price with strength.
The recent rise into this zone has been corrective: a clean ascending structure with small-bodied candles,
GBPCAD: Bullish More From Support Confirmed 🇬🇧🇨🇦
GBPCAD may pull back from a key daily support.
An inverted head and shoulders pattern on that on an hourly time frame
provides a strong bullish confirmation.
Goal - 1.8384
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of GBPCAD is 1.84635 CAD — it has increased by 0.06% in the past 24 hours. See more of GBPCAD rate dynamics on the detailed chart.
The value of the GBPCAD pair is quoted as 1 GBP per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPCAD has the volatility rating of 0.38%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPCAD showed a 0.09% rise over the past week, the month change is a 0.63% rise, and over the last year it has increased by 3.48%. Track live rate changes on the GBPCAD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
GBPCAD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPCAD technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPCAD shows the neutral signal, and 1 month rating is buy. See more of GBPCAD technicals for a more comprehensive analysis.









