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GBPCAD trade ideas

Could we see a reversal from here?GBP/CAD is falling towards the pivot and could bounce to the overlap resistance. Pivot: 1.8408 1st Support: 1.8261 1st Resistance: 1.8629 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 (1D) - Swing Trading SetupThis trading plan aims to capture a medium-term upward move on the GBP/CAD pair, leveraging the Smart Money Concept to find optimal entry points for a long position. Market Context and Bias: The market has recently experienced a pullback, establishing a clear structure of higher lows and higher highs, confirming a bullish trend. Your bias is long, expecting the price to rebound from a significant demand area to resume its upward momentum. Key Zones (Critical Areas): High-Quality (HQ) Order Block (Demand Zone): This is a well-defined demand area where institutional buying is expected. The price is currently near this zone, which serves as a potential entry zone for a pending long position. Liquidity Pools (LQ Order Block): Below the HQ Order Block, there's also a minor liquidity area that could act as support for any deeper pullbacks. Imbalance (IRL): Price gaps or imbalances suggest areas where price might fill before continuing its trend, supporting a pullback entry. Market Structure & Confirmation: Break of Structure (BOS): The chart shows previous breaks of structure confirming the continuation of the bullish trend. Price Reaction at Demand Zone: Expect a reaction or bullish candlestick pattern (like a pin bar or engulfing candle) at the HQ Order Block for confirmation of entry. Liquidity Grab: Watch for a possible liquidity sweep below the demand block to trigger stops before a bullish move.
Long
by famousone_chn
GBPCAD 3H TECHNICAL ANALYSIS📉 Downtrend — Sequential lower highs from mid-Aug with a capitulation wick into demand near 1.8420. 🔴 RESISTANCE ZONE 🔴 1.85850 — Take-profit shelf / prior support turned resistance 🔴 1.86600 — Supply pivot (lower-high risk) 🔴 1.87300 — Structural cap (trend pivot) 🎯 ENTRIES & TARGETS 📗 BUY LIMIT: 1.84200 📗 BUY STOP (confirmation): 1.84400 🎯 TP ladder: 1.85200 → 1.85500 → 1.85850 🛑 STOP LOSS / Invalidation: 1.83700 🟢 SUPPORT ZONE 🟢 1.8415–1.8425 — Demand block (reaction shelf) 🟢 1.83700 — Hard invalidation; below opens 1.8320 / 1.8280 ✍️ STRUCTURAL NOTES Sharp liquidation drop into a well-defined 3H demand; buyers defending 1.842x. Reclaim above 1.8440 signals rotation toward 1.8520–1.8585. Failure below 1.8370 negates bounce idea and resumes trend lower. 📊 TRADE OUTLOOK Bias = Counter-trend bounce toward 1.8585 while < 1.8660 keeps medium-term trend bearish. Expect chop on first test of 1.8520–1.8550; partials recommended. 🧪 STRATEGY RECOMMENDATIONS Conservative (Confirmation Long) — Entry: 1.84400 (on reclaim) — TP: 1.85200 → 1.85500 → 1.85850 — SL: 1.83700 — Est. R:R to 1.8585 ≈ ~2.1:1 Aggressive Reversal (Touch of Demand) — Entry: 1.84200 — TP: 1.85000 → 1.85500 → 1.85850 — SL: 1.83700 — Est. R:R to 1.8585 ≈ ~3.3:1 Watchlist: Reaction at 1.8520–1.8550 (scale), rejection near 1.8585 / 1.8660 (fade risk). “Discipline | Consistency | PAY-tience™”
by ProfessorCEWard
GBPCAD: Pushing onto clear ResistanceWhat we’re looking at on GBPCAD is price getting close to a clear resistance, just the kind I love trading. That is because when there are strong upmoves like this one meeting with proper zones, it's when it can take a break and inverse short term. If price gives us a confirmation as exhaustion or in candle structure and volume behavior, I have my eyes set on the target near 1.8500. That’s achievable and where the move likely might exhaust and that’s where I’m out, before the reversal can bite. If the structure continues, I’ll stay out. But until then, I will watch for the clues we get here.
Short
by TrendDiva
31
GBPCAD support retest at 1.8585The GBPCAD remains in a bullish trend, with recent price action showing signs of a continuation rally within the broader uptrend. Support Zone: 1.8585 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 1.8585 would confirm ongoing upside momentum, with potential targets at: 1.8753 – initial resistance 1.8780 – psychological and structural level 1.8820 – extended resistance on the longer-term chart Bearish Scenario: A confirmed break and daily close below 1.8585 would weaken the bullish outlook and suggest deeper downside risk toward: 1.8540 – minor support 1.8487 – stronger support and potential demand zone Outlook: Bullish bias remains intact while the GBPCAD holds above 1.8585. A sustained break below this level could shift momentum to the downside in the short term. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
3
GBP/CAD Watchlist – Pullback SetupWe’re keeping an eye on GBP/CAD today for a possible pullback into the marked SR zone. This is where the market has shown its hand before, and if price respects this area again, it could give us a clean opportunity. Here’s what we need to see before engaging: ✅ Price pulls into the zone with control (not just a quick spike). ✅ Engulfing candle confirmation at or near the zone. ✅ Volume strength — not just a big candle, but conviction. ✅ Momentum alignment — we only want to fight when the artillery is firing in our direction. If those pieces line up, then we’ve got soldiers on the field: structure, volume, momentum, and the EC all in formation. That’s when we act. Until then, we wait. 👉 No structure, no setup. No setup, no trade. 👉 Patience is our weapon. This is the bread and butter of the VMS Strategy — preparing, not chasing. ⚠️ Educational purposes only, not financial advice. Manage your own risk.
by darlwright
GBPCAD Will Go Down! Sell! Please, check our technical outlook for GBPCAD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.859. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.852 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBPCAD – Fresh Breakout, Short SetupThis time I am looking for a short sell in GBPCAD. After many days the pair was just ranging, but now a clear breakout has happened and also price broke below the 200 MA, which shows weakness. From this point, I expect the market to continue down and my short targets are based on Fibonacci extension levels: - First target around 1.8540 - If sellers stay strong, the next target is 1.8521 For me, this is a good setup to follow the bearish move after the range is broken.
Short
by ClearTradingMind
GBPCAD energy buildup support at 1.8585The GBPCAD remains in a bullish trend, with recent price action showing signs of a continuation rally within the broader uptrend. Support Zone: 1.8585 – a key level from previous consolidation. Price is currently testing or approaching this level. A bullish rebound from 1.8585 would confirm ongoing upside momentum, with potential targets at: 1.8753 – initial resistance 1.8780 – psychological and structural level 1.8820 – extended resistance on the longer-term chart Bearish Scenario: A confirmed break and daily close below 1.8585 would weaken the bullish outlook and suggest deeper downside risk toward: 1.8540 – minor support 1.8487 – stronger support and potential demand zone Outlook: Bullish bias remains intact while the GBPCAD holds above 1.8585. A sustained break below this level could shift momentum to the downside in the short term. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
GBPCAD Wave Analysis – 27 August 2025 - GBPCAD reversed from long-term resistance level 1.8700 - Likely to fall to support level 1.8500. GBPCAD currency pair recently reversed down from the resistance zone between the upper daily Bollinger Band and the strong multi-month resistance level 1.8700 (which has been reversing the price from March). The downward reversal from this resistance zone started the active short-term ABC correction 2. Given the strength of the nearby resistance level 1.8700 and the bullish Canadian dollar sentiment seen today, GBPCAD currency pair can be expected to fall to the next support level 1.8500.
Short
by FxProGlobal