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GBPCAD trade ideas

GBPCAD: Pushing onto clear ResistanceWhat we’re looking at on GBPCAD is price getting close to a clear resistance, just the kind I love trading. That is because when there are strong upmoves like this one meeting with proper zones, it's when it can take a break and inverse short term. If price gives us a confirmation as exhaustion or in candle structure and volume behavior, I have my eyes set on the target near 1.8500. That’s achievable and where the move likely might exhaust and that’s where I’m out, before the reversal can bite. If the structure continues, I’ll stay out. But until then, I will watch for the clues we get here.
Short
by TrendDiva
31
GBPCAD – Resistance Test After Ascending Triangle BreakdownGBPCAD recently broke down from an ascending triangle pattern, with price now retesting the resistance area near 1.8500. Key Resistance: 1.8700 – 1.8500 First Target: 1.8000 (strong low) Second Target: 1.7800 (demand zone) Support Level: ~1.7200 Structure shows multiple tops and a weakening bullish trendline, indicating sellers may remain active below resistance. A confirmed rejection could lead to a move toward the demand zone. Chart highlights: Ascending triangle breakdown Bearish retest at resistance Two-step target projection based on structure This analysis is for educational purposes only and not financial advice
Short
by ProfitMagnet-Pro
10
GBPCAD: Could we see price continue to the downside?Price on GBPCAD looks quite interesting at the moment, this latest moves continues the narrative of a downtrend. As it is following a downtrend, each touch has served as a catalyst for a directional move. The most recent interaction is particularly interesting, because it's hovering here for some time now, and this could be a clue that we can use. What may follow is subtle but telling: compression at trendline, low-volume candles suggesting exhaustion, all aligning for more potential release downward. My target would be toward 1.8100 where we have a clear support zone. Momentum has respected structure and if this move plays out, I don't think it will be a breakout, but a continuation of a narrative that’s already been happening. This is what makes the setup so compelling. It’s not new, it’s the a "story being told". Though a scenario for more upside is possible and can happen just as much. Still, I would take the side for more downside taken into account all above.
Short
by TrendDiva
35
Lingrid | GBPCAD Shorting Opportunity Near Monthly High ZoneThe price perfectly fulfilled my previous idea . FX:GBPCAD has reached the July high and testing the resistance zone, where sellers previously stepped in. The structure shows an extended bullish impulse meeting the channel border and horizontal supply barrier. A rejection here could trigger a retracement toward 1.8551, provided momentum shifts in favor of sellers. If bearish pressure accelerates, deeper downside toward the support base could follow. 📉 Key Levels Sell trigger: Rejection and close below 1.8650 Sell zone: 1.8757 – 1.8700 Target: 1.8551 Invalidation: 1.8757 💡 Risks Breakout above the July high invalidating the short setup. Continued CAD weakness from economic data or oil price drops. Short-term bullish momentum overpowering early sell entries. If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Short
by Lingrid
3
GBPCAD - Bulls in Control, But Supply Zone Ahead🏹 GBPCAD has been climbing within a steep bullish channel , approaching a key supply zone around 1.8750. As long as the channel holds, buyers remain in control. However, if price rejects this supply area and breaks below the 1.8670 support, the bears could take over, potentially triggering a deeper correction. 📌Price is now at a decisive point — a breakout above supply could open the door for fresh highs, while a rejection and channel break could mark the start of a bearish phase. ⚖️ Bulls need a clean break above supply for further upside, while bears are eyeing a channel break for a reversal. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TheSignalyst
GBPCAD – Buy Trade UpdateI’m still holding my GBPCAD buy from earlier and now trailing my stop-loss to lock in profits. The trend is still moving up with strong momentum. GBP is staying firm thanks to solid UK data and the Bank of England’s tougher tone. On the other side, CAD is under pressure 😬 — Trump’s new tariffs are hurting Canada’s trade outlook, and softer oil prices plus a cautious Bank of Canada aren’t helping. I’m watching the next big resistance . If price slows down or shows signs of turning, I might take some profit. For now, I’m letting the trade run 🚀 while keeping my stops tight to protect gains.
Long
by Wainainarobert
GBPCAD Will Go Lower! Short! Please, check our technical outlook for GBPCAD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.867. The above observations make me that the market will inevitably achieve 1.853 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBP/CAD - H4 - Bearish Flag (26.07.2025)The GBP/CAD Pair on the H4 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Bearish Flag Pattern. This suggests a shift in momentum towards the downside in the coming Days. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 1.8242 2nd Support – 1.8139 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KABHI_TA_TRADING
43
GBPCAD Technical & Order Flow AnalysisOur analysis is based on a multi-timeframe top-down approach and fundamental analysis. Based on our assessment, the price is expected to return to the monthly level. DISCLAIMER: This analysis may change at any time without notice and is solely intended to assist traders in making independent investment decisions. Please note that this is a prediction, and I have no obligation to act on it, nor should you. Please support our analysis with a boost or comment!
Long
by Derry_Trades
1