GBPCAD - New BreakoutHello, Traders! 👋
The GBPCAD price has formed a Rectangle pattern.
The resistance level (1.88049 – 1.87670) has now been broken, confirming a bullish breakout.
So, I expect a bullish move.
🎯 Target: 1.88850
Long
British Pound / Canadian Dollar
No trades
No trades
Compare with GBP to CAD
Pair info
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.
Long
GBPCAD Will Keep Growing!
HI,Traders !
#GBPCAD broke the falling
Resistance line, and is going up now
So we are locally bullish baised
And we will be expecting
A further bullish continuation !
Comment and subscribe to help us grow !
Long
GBPCAD Will Go Lower From Resistance! Sell!
Please, check our technical outlook for GBPCAD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.882.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recomme
Short
GBPCADGBPCAD is currently trading near the key support zone at 1.88272–1.88132, where buying pressure may emerge and trigger a potential rebound.
If the price remains above 1.87810, the bullish recovery outlook will remain valid, with the following upside targets:
- TP1: 1.88529
- TP2: 1.88915
- TP3: 1.8
Long
GBPCAD — Compression Near Channel Resistance | 2H
GBPCAD is consolidating above the 1.8660–1.8690 support zone after recovering from the lower channel boundary. Price is currently testing the upper side of the recent range, with 1.8840 and 1.8920 as the marked resistance areas.
🟦 Support Base: 1.8660–1.8690
📍 Near Resistance: 1.8840
🎯 Higher Resi
Long
GBPCAD ideaWe are waiting for our asset to reach our action zone, and based on the reaction, we’ll decide on our next moves.ALWAYS WAIT FOR A CONFIRMATION TO SEE IF THE PRICE VALIDATES THE ZONE.and you what is your vision of the GBPCAD its interests me! i wait you in the commentar
Short
GBPCAD H1 | Bullish Bounce Off Pullback SupportMomentum: Bullish
Price is currently above the ichimoku cloud.
Buy entry: 1.87446
- Pullback support
- 50% Fib retracement
- 78.6% Fib projection
Stop Loss: 1.87058
- Swing low support
Take Profit: 1.87914
- Swing high resistance
High Risk Investment Warning
Stratos Markets Limited (fxcm.com/uk
Long
kvmev - GBPCAD entryEntering a 1:2.5 RR short position on GBPCAD. Clear break and retest of the resistance zone around 1.87700 as well as price respecting the descending trendline. Clear downtrend on the daily time frame as well.
Note - Price is currently trading slightly above the previous highs to the left hand side
Short
GBPCAD – 4H Market Structure Shift & Target Liquidity Pool (SMC Hello traders,
Following a prolonged period of downside pressure inside the descending structure, price action has delivered a clear Market Structure Shift (CHoCH) on the 4H timeframe by aggressively breaking through the previous major swing high.
Key Structural Elements:
Draw on Liquidity (EQH's):
Long
A big profit with a good pattern in the GBPCAD!
I hope you will read my previous analysis and then pay attention to this one.
We are witnessing a flag pattern, and whenever the flag ceiling is broken, we are witnessing an upward movement of the pound against the Canadian dollar.
This is a long-term analysis, so it will take several months, ma
Long
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current rate of GBPCAD is 1.87608 CAD — it has increased by 0.07% 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 0.71%. 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 0.65% rise, and over the last year it has increased by 0.34%. 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 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 buy signal, and 1 month rating is buy. See more of GBPCAD technicals for a more comprehensive analysis.