Shorts on GBPCAD.Trade idea based on pure price action and Order flow. Rinse and Repeat. Manage risk.
1. Candlestick structure break at HTF
2. Trading from Candle which broke the structure.
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.
GBPCAD 1H SELL hi i have given a sell in GBPCAD 1H , it has to level for stop loss so use 0.5% only even if it take out also next sell up will be good , so we have 3 sell setup here
GBPCAD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest yo
GBPCADPrice needs to retrace back up and it left a nice, yet unmitigated buy zone behind. I will be looking for buy to sell setup.
GBPCAD sell setup / ' educational approach 'I just wanted to update this trade idea, only to realize that I did not share it with you previously. I have many ideas and missed this one. I apologize for that. I am uploading it now more as educational content at the moment, while the final target of 300 pips has been hit.
Technical reasons behi
PREVIOUS WEEK UPDATEIt has been a great week. I went through most of the pairs and reviewed them for you, plenty of setups played out! I hope you have made some profit. I passed one more Ftmo challenge with EurCad trade as explained... I wish you a great weekend! Enjoy the video!
Blessings, T
Analysis 5.8 - x, 1st - GBPCADHello traders, let's look at GBPCAD. The overall trend is bearish. However, recent price action and momentum looks like the current sell zone may be breached. As price approaches this zone, I will be looking for solid structure development on the 15-minute chart. Initially focusing on sell opportuni
GBPCADHey, for an explanation and details of this trading idea, check my latest FX video analysis ( 22.7 - x ) Have a great week!
T
GBPCADlooking to short GBPCAD upon the retest the highlighted level, which is close to the supply, reason for shorting is the idea to use the sell as hedge when looking for buys later on.
i have understanding/clue of why the markets lost it momentum or is continuing with the sell.
THIS is low prop SETUP
GBPCADThis could be a nice continuation play for sellers as you can see, let's wait and see how much price will drop and what happens at 1.73000 range.
T
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of GBPCAD is 1.76815 CAD — it has increased by 0.72% 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 1.21%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPCAD showed a −0.37% fall over the past week, the month change is a −1.46% fall, and over the last year it has increased by 2.98%. 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 sell 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 neutral signal, and 1 month rating is buy. See more of GBPCAD technicals for a more comprehensive analysis.