GBPCAD, our last two setups came out to be successful and we still expect prices to continue to drop further. However, as price dropped significantly without making any corrections. We now anticipating price to turn bullish for short time. It is an risky entry if you take one.
Hello everyone. i want share my idea about GBPCAD. In my last analysis which was day trade signal price reaction in first couple hours was perfect but then we got strong price push up which stopped me. GBP is still strong bearish, in September we had price pretty strong fall which can give me Bearish signals and ii will try to catch this movement. I marked some...
Dear Traders, GBP is expected to be a weaker due to DXY is gaining its strenght back, because of this main reason we may see CAD, AUD AND DXY dominating in coming weeks. Let's grab the opportunity and made some huge move. Thanks for your continuous support!
Dear Traders, hope you are doing great, we have an update on GBPCAD, our previous setup moving in positive with 380 PIPS.The GBP/CAD currency pair has been on a downward trend this week, falling from a high of 1.6650 on Monday to a low of 1.6350 on Friday. The pair has been under pressure from a number of factors, including a stronger US dollar and a weaker...
Here is my analysis for GBPCAD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. No opposite signs. Until the two strong resistance zones hold I expect the price to move lower further in the short term.
Here is my analysis for GBPCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The Canadian dollar fell past the 1.34 per USD level, an over two-month low, as the greenback remains strong amid bets the Fed will need to keep interest rates elevated for longer. At the same time, oil prices fell from recent highs and Canada posted the largest trade deficit since November 2020, highlighting the extent of net outflows of the domestic currency...
GBP-CAD broke out of The range and the breakout Is confirmed so now we are Locally bullish biased And we will be expecting A move up towards the Target of 1.73284 !
After a change in the market structure, I still see this pair in a bearish condition. With the bearish target that is still the same as the past analysis.
😇7 Dimension Analysis - Bullish Setup on GBP/CAD Analysis Time Frame: Daily 1: Price Structure: The market is currently exhibiting a bullish price structure, characterized by an initial Behavior of BoS (Breakout of Support). The move is impulsive, and the inducement is completed with liquidity swept internally. This is the 1st pullback in the bullish move, and...
after the price formed a bullish channel and was broken by the bearish trend by forming CHoCH, currently the price is in the resistance area and there is a possibility for a correction to rise again to the upper SnD area before continuing its bearish trend.
Place your Sell limit order or wait for the 50% FIB retracmnet then sell. Manage your risk according to account size.
the price touched a strong area of resistance that will push the price to the down side + prefect bearish price action on the 2H Timeframe
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Here is my analysis for GBPCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my analysis for GBPCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.