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
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.
CAD Bearish Rejection Setup | Descending Channel ResistanceCAD Bearish Rejection Setup | Descending Channel Resistance 📉
Published Chart Analysis
Price is approaching a key resistance area within a descending channel, where sellers may step in. Rejection from this zone could support a bearish move toward the marked support objectives.
🔹 Resistance Area: 1
GBPCAD H1 | Bullish Bounce Off Key SupportMomentum: Bullish
Price is currently above the ichimoku cloud.
Buy entry: 1.86854
- Swing low support
- 78.6% Fib retracement
- 161.8% Fib extension
Stop Loss: 1.86610
- Swing low support
Take Profit: 1.87221
- Overlap resistance
High Risk Investment Warning
Stratos Markets Limited (fxcm.com/uk
GBPCAD SHORTMarket structure bearish on HTFs 3
Entry at both Weekly and Daily AOi
Weekly Rejection at AOi
Previous Weekly Structure Point
Daily Rejection at AOi
Previous Daily Structure Point
Daily EMA retest
Around Psychological Level 1.87500
H4 Candlestick rejection
Rejection from Previous structure
REM
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
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 1.87514 CAD — it has increased by 0.00% 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 0.22%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPCAD showed a 0.15% rise over the past week, the month change is a −0.23% fall, and over the last year it has increased by 0.42%. 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.









