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Gbpcadsell

GBPCAD approaching support, potential for a further rise! GBPCAD approaching support at 1.70945 where it could potentially rise further to 1.73180. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone
GBPCAD 240MOnce price reaches the third red line down, it is likely to drop fast, as in a full momentum completion. This 4 hour setup will probably make a jump down before many have time to enter, so putting entry short lower on my projection to account for opening volatility if there is any. It`s possible to break this down further on the 1H and 15M chart, but that would be for more precision entries, watching price all day kind of thing, which is useful, but not necessarily needed. A lower time frame entry might decrease stop value but could also stop you out before the trade has time to work out.
Short
by TrapReversalTrading
GBPCAD - SELL Nowyes correct Sell it now and it will drop massively and see the description in the image. GC is in overbought situation and price has retraced from the 0.382 fibo level. Note: Trade at your own risk. We are providing free forex signals. You can join clicking below telegram link or comment your telegram username we will add you there. Join with us for free signals Telegram - t.me Facebook - www.facebook.com Twitter - twitter.com Website - www.forexcaction.com
Short
by Forexcation-Investing-lk
1
FOLLOW ME: GBP/CAD Short OpportunityGBP/CAD is currently at the top of a bullish channel and it appears that it's time to short (at least in the short-term) or at the very least it's time to exit longs and wait for re-entry. Check out my other GBP posts that should be up within the next few minutes. They are showing the same thing! COLOR KEY (which time frame each markup is based on): RED - Monthly ORANGE - Weeky GREEN - Daily AQUA BLUE - 4H PINK - 1H LIGHT BLUE - 15M PURPLE - 5M Feel free to leave your thoughts in the comments below! Make sure to BE RESPECTFUL OF ALL COMMENTS so that we can utilize this platform to help each other and to build each other up! After all, we're all here looking to build our wealth so let's do that with a unified spirit. :)
Short
by Jabest
1
GBPCAD - Expecting Further Downside Expecting further downside from here. Price created a double top, the ascending trend line has now been broken and we have a solid closure below structure (1.6195) and the 4 hour 50ema. I'd like to see a push lower with entry's taken upon a retest of previous support (now resistance). Alternatively we may see price pop higher and retest the 4 hour 50 before rolling over. Instagram: @TheTravelTrader (www.instagram.com) Twitter: @fx_ollie (twitter.com)
Short
by thetraveltrader