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CANADIAN DOLLAR / BRITISH POUND

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CADGBP trade ideas

Potential bullish rise?GBP/CAD has reacted off the support level which is a pullback support that lines up with the 38.2% Fibonacci retracement and could rise from this level to our take profit. Entry: 1.7696 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci retracement. Stop loss: 1.7638 Why we like it: There is a pullback support level that aligns with the 50% Fibonacci retracement. Take profit: 1.7829 Why we like it: There is a pullback resistance level that lines up with the 78.6% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
GBPCAD Outlook💹 Forex: 📈 Bullish Outlook: GBPCAD has been breaking into new highs on our Weekly, Daily, and 4hr time frame. Context time frame (1W): Price has been surfing above the 10ema and is showing strength. Context time frame (1W): Price has brokedown into the 10ema and has showed a valid pullback. Validation time frame (1D): Price is showing strength and surfing above the 10/50/200 EMAs Validation time frame (1D): Price has brokedown into the 10ema and has showed a valid pullback. Entry time frame (4hr): Price has brokedown into the 10ema and has showed a valid pullback. Entry time frame (4hr): I'm interested in longs if price can get above the 10ema and start showing strength. Keeping an eye on this. 👁️
Long
by angelvalentinx
1
MASSIVE SELL CONTINUATION !!!Hello everyone, hope we are all doing very well !. My apologies first of all for not sending this setup from the very onset, if you check my EURUSD setup i sent in my profile, you'll see the same analysis right at the point where they both sold from, they both changed structure and they both retested their respective zones before tanking. This very clean setup is the continuation for the sell !. Today is kind of slow due to the bank holiday both in Canada and the US. Use proper risk and money management if you wish to take this trade...you can increase your stop level and put it just above the previous high of this current high !. My EURUSD analysis and setup similar to GBPCAD's is attached to this post if you wish to see it !.
Short
by LaBOSS_FX
GBPCAD POTENTIAL SHORT OPPORTUNITYHello Everyone! How are you all? Gbpcad is a pair to watch this week, because it is shaping up very nicely for a short trend reversal that we can capitalize on. So, I will be looking for a short trend reversal because of the following reasons: 1. Potential Double Top 2. The price is forming a potential reversal structure. 3. The price is approaching the value area. Game Plan: If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a flag with two highs and lows. Entry : will look for a risk entry within the flag or a reduced risk entry on the breakout of the flag.
Short
by DTreasureMarketHub
GBPCAD is in the bearish directionHello Traders In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET today GBPCAD analysis 👆 🟢This Chart includes_ (GBPCAD market update) 🟢What is The Next Opportunity on GBPCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
Long
by ForexMasters2000
1
GBPCAD Will Move Lower! Sell! Take a look at our analysis for GBPCAD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.772. The above observations make me that the market will inevitably achieve 1.759 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1