GBP/CAD

- CAD (-)

- Real time data - Forex

Open:	-
Change:	-
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High / Low range:	-

Type:	Forex
Ticker:	GBPCAD
ISIN:

GBP/CAD - 1H - Technical analysis published on 07/04/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

39%

33%

28%

My opinion

Bearish under 1.8590 CAD

My targets

1.8496 CAD (-0.0039)

1.8370 CAD (-0.0165)

My analysis

GBP/CAD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.8590 CAD. The next support located at 1.8496 CAD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.8370 CAD. Below this support, sellers could then target 1.8106 CAD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

5.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by balwinder35. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

GBP/CAD rating 1.8535 CAD. The price registered a decrease of -0.09% on the session and was traded between 1.8528 CAD and 1.8554 CAD over the period. The price is currently at +0.04% from its lowest and -0.10% from its highest.

1.8528

1.8554

1.8535

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this GBP/CAD chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 5 are neutral and 6 are bearish. The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point (Daily)

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.8370	1.8496	1.8522	1.8535	1.8590	1.8669	1.8762
Change (%)	-0.89%	-0.21%	-0.07%	-	+0.30%	+0.72%	+1.22%
Change	-0.0165	-0.0039	-0.0013	-	+0.0055	+0.0134	+0.0227
Level	Minor	Major	Minor	-	Major	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.8414	1.8455	1.8503	1.8544	1.8592	1.8633	1.8681
Camarilla	1.8527	1.8535	1.8543	1.8551	1.8559	1.8567	1.8576
Woodie	1.8418	1.8457	1.8507	1.8546	1.8596	1.8635	1.8685
Fibonacci	1.8455	1.8489	1.8510	1.8544	1.8578	1.8599	1.8633

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.8100	1.8258	1.8515	1.8673	1.8930	1.9088	1.9345
Camarilla	1.8657	1.8695	1.8733	1.8771	1.8809	1.8847	1.8885
Woodie	1.8149	1.8283	1.8564	1.8698	1.8979	1.9113	1.9394
Fibonacci	1.8258	1.8417	1.8515	1.8673	1.8832	1.8930	1.9088

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.7859	1.8084	1.8383	1.8608	1.8907	1.9132	1.9431
Camarilla	1.8539	1.8587	1.8635	1.8683	1.8731	1.8779	1.8827
Woodie	1.7897	1.8103	1.8421	1.8627	1.8945	1.9151	1.9469
Fibonacci	1.8084	1.8284	1.8408	1.8608	1.8808	1.8932	1.9132

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	43.11
MACD (12,26,9):	-0.0010
Directional Movement:	-8.9824
AROON (14):	0
DEMA (21):	1.8525
Parabolic SAR (0,02-0,02-0,2):	1.8563
Elder Ray (13):	-0.0007
Super Trend (3,10):	1.8582
Zig ZAG (10):	1.8533
VORTEX (21):	0.9938
Stochastique (14,3,5):	58.17
TEMA (21):	1.8538
Williams %R (14):	-45.90
Chande Momentum Oscillator (20):	-0.0002
Repulse (5,40,3):	-0.0364
ROCnROLL:	2
TRIX (15,9):	-0.0106
Courbe Coppock:	0.10

MA7:	1.8651
MA20:	1.8562
MA50:	1.8541
MA100:	1.8454
MAexp7:	1.8538
MAexp20:	1.8542
MAexp50:	1.8579
MAexp100:	1.8620
Price / MA7:	-0.62%
Price / MA20:	-0.15%
Price / MA50:	-0.03%
Price / MA100:	+0.44%
Price / MAexp7:	-0.02%
Price / MAexp20:	-0.04%
Price / MAexp50:	-0.24%
Price / MAexp100:	-0.46%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on GBP/CAD. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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