Lingrid | GBPCAD Bearish Opportunity at Confluence ZoneFX:GBPCAD is rebounding from the bottom of its support zone, forming a rounded recovery toward a confluence of resistance levels near 1.8507. Price is nearing the intersection of a downtrend line and a horizontal key level, creating a high-risk rejection zone. A failure to break above this conflue
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Trade Idea: Sell GBPCAD (Short-Term Exhaustion Setup)### **📉 Trade Idea: Sell GBPCAD (Short-Term Exhaustion Setup)**
**Bias:** 🔻 Short-Term Bearish | 🧭 Medium-Term Neutral
**Goal:** Catch the dip before trend resumes or price flattens
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### **💡 Why Sell?**
**🇬🇧 GBP:**
* Sluggish data 😴
* BoE expected to cut 🔻
* Traders losing interest in the po
GBPCAD: Expecting Bearish Movement! Here is Why:
Balance of buyers and sellers on the GBPCAD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee fo
GBP/CAD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
GBP/CAD is trending up which is evident from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a beautiful trend following opportunity for a
Technical Zones & StructureTechnical Zones & Structure
🔹 Bearish Rejection Zone (Supply Area)
Price tapped into a strong supply zone at the top blue box, aligning with trendline resistance.
Immediate reaction followed by sharp bearish candle shows potential liquidity grab and smart money sell-off.
🔹 Demand Zone
Mid-chart gr
GBPCAD CONTINUING DOWNTREND STRUCTUREGBPCAD CONTINUING DOWNTREND STRUCTURE IN 4H TIME FRAME.
Price forming Lower Lows & Lower Highs.
After secondary trend market started forming bearish candles.
Showing signal of seller's entry in the market.
Market may remain bearish in upcoming trading sessions.
On lower side market may hit the tar
GBPCAD Will Move Higher! Long!
Please, check our technical outlook for GBPCAD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.842.
Considering the today's price action, probabilities will be high to see a movement to 1.85
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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 CADGBP is 0.5370 GBP — it has decreased by −0.20% in the past 24 hours. See more of CADGBP rate dynamics on the detailed chart.
The value of the CADGBP pair is quoted as 1 CAD per x GBP. For example, if the pair is trading at 1.50, it means it takes 1.5 GBP to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADGBP has the volatility rating of 0.20%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADGBP showed a −0.98% fall over the past week, the month change is a −0.04% fall, and over the last year it has decreased by −6.92%. Track live rate changes on the CADGBP 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.
CADGBP 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 CADGBP 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 CADGBP technical analysis. The technical rating for the pair is strong sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADGBP shows the sell signal, and 1 month rating is sell. See more of CADGBP technicals for a more comprehensive analysis.