TP1/TP2 +300/+600 pips GBPCAD Advanced XABCD Short From S/R 🔸Hello traders, let's review the 1 hour chart for GBPCAD. Strong gains off the lows recently, however price getting overextended and expecting reversal later at/near PRZ/D.
🔸Speculative XABCD structure defined by point X 8795 point A 8300 point B 8720 point C 8440 point D/PRZ 8970 .
🔸Currently mos
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
Tweezer Top Candlestick Formation Is Great Win SELL Now!on the daily , 4H and 1H time frame we can detect a very strong resistance that pushes the price incredibly to the downside. and right now the price is standing at it. if we took a closer look on the 4h timeframe we will see a very good bearish price action which is ( tweezer top ) candlestick forma
GBPCAD – Triple Tap Trouble!GBPCAD has been trading within a well-defined range, with price rejecting the 1.8850 resistance zone multiple times in the past.
Each test of this area has led to strong bearish moves, highlighting its significance as a supply zone.
Here’s what the chart shows:
🔴 Resistance Zone: Price is appro
GBP-CAD Will Keep Growing! Buy!
Hello,Traders!
GBP-CAD is trading in an
Uptrend and the pair broke
The key horizontal level
Of 1.8723 so we are
Bullish biased and we
Will be expecting a
Further bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade
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 ongoin
GBP_CAD BEARISH BIAS|SHORT|
✅GBP_CAD has hit a key
Structure level of 1.8740
Which implies a high
Likelihood of a move down
As some market participants
Will be taking profit from
Their long positions
While others will find this
Price level to be good for selling
So as usual we will have a
Chance to ride the wave
Of
See all ideas
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 1.87782 CAD — it has increased by 0.01% 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 0.29%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPCAD showed a 1.19% rise over the past week, the month change is a 1.35% rise, and over the last year it has increased by 5.51%. 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 strong buy 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 strong buy signal, and 1 month rating is strong buy. See more of GBPCAD technicals for a more comprehensive analysis.