GBPCAD 4H long setupGBPCAD 4H Spring 💡 | Smart Money Accumulation Before Expansion
Watching a textbook Wyckoff spring unfold here on the 4H.
After a multi-day rally, price retraced, and liquidity built up just above 1.8713. What happened next?
🔻 We got a liquidity sweep, tagging below 1.8687 — then a sharp rejectio
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
GBPCAD → Retest the area of interest before growthFX:GBPCAD is closing the imbalance area as part of a countertrend correction and consolidating below the 0.5 Fibonacci level. What's next, growth or decline?
The global trend is upward, and the situation is classic: the market needs energy and liquidity to continue growing.
Locally, we see th
GBPCAD: Your Trading Plan Explained 🇬🇧🇨🇦
GBPCAD is coiling on an important daily support cluster.
To trade that with a confirmation, pay attention to
an inside bar pattern on a 4H.
1.8579 is the level of an upper boundary of its range.
Its breakout and a 4H candle close above will provide
a strong bullish signal.
A bullish movement
GBPCAD: Bullish Continuation Ahead?! 🇬🇧🇨🇦
One of the pairs that we discussed on the today's live stream
is GBPCAD.
The price nicely respected a key daily/intraday horizontal support.
A double bottom pattern on that and a bullish violation of its neckline
provide strong bullish confirmations.
I expect up move to 1.8666
❤️Please, suppo
Looking at a bearish marketWe have a clear dealing range with the dealing range high at 1.88296 and dealing range low at 1.83054. This appear to be a bearish market because the daily liquidity has been raided and the structure has been broken to the downside to mitigate the fair value gap around the equilibrium price. We are
GBPCAD corrective pullback, support retest at 1.8500The GBPCAD currency pair price action sentiment appears Bullish, supported by the current rising trend. The recent intraday price action seems to be a sideways consolidation breakout.
The key trading level is at the 1.8500 level, the previous consolidation price range. A corrective pullback from th
GBPCAD Will Grow! Long!
Please, check our technical outlook for GBPCAD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.857.
Considering the today's price action, probabilities will be high to see a movement to 1.865
GBPCAD Will Explode! BUY!
My dear followers,
I analysed this chart on GBPCAD and concluded the following:
The market is trading on 1.8563 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.8667
Safe Stop Loss - 1.8504
About Used In
GBP/CAD BEARS ARE GAINING STRENGTH|SHORT
GBP/CAD SIGNAL
Trade Direction: short
Entry Level: 1.858
Target Level: 1.849
Stop Loss: 1.863
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 3h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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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 GBPCAD is 1.85733 CAD — it has decreased by −0.24% 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 0.66%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPCAD showed a −0.56% fall over the past week, the month change is a 0.07% rise, and over the last year it has increased by 6.40%. 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.