GBP/CAD
GBPCAD1.79625CAD
Today
+0.09%
1 Week
+0.73%
1 Month
+1.84%
6 Months
+1.21%
Year to Date
-0.15%
1 Year
+5.35%
Key Data Points
Opening Price
1.79502Previous Closing Price
1.79463Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
GBP/CAD Trading Strategy

Trading Strategy
The MACD must penetrate its zero line to expect further downside.
Alternative scenario
above 1.7994, look for 1.8046 and 1.8078.
Comment
target 1.7853.
GBP/CAD News
GBP/CAD Price Prediction: Pierces below confirmation level for Rising Wedge
GBP/CAD is extending its decline after breaking out of a bearish Rising Wedge pattern.

GBP/CAD Price Prediction: Vulnerable to more downside as bears hunt targets
GBP/CAD has broken out of a bearish Rising Wedge pattern and started to decline.

GBP/CAD Price Prediction: Breaking out of Rising Wedge and falling
GBP/CAD is breaking decisively out of a Rising Wedge pattern and declining quite quickly.

GBP/CAD Price Prediction: Rising Wedge pattern could be vulnerable to break down
GBP/CAD recovers to trade back inside its Rising Wedge pattern after temporarily falling below the lower boundary line.

GBP/CAD Price Prediction: Price flirts with lower boundary line of Rising Wedge pattern
GBP/CAD falls to the lower boundary line of a Rising Wedge pattern and the level of the (red) 50-day Simple Moving Average (SMA) at about 1.7826.

GBP/CAD falls over one percent on Monday as markets till expect a rate cut from the BoE
GBP/CAD, which measures the purchasing power of a single Pound Sterling (GBP) in Canadian Dollars (CAD), trades in the 1.8020s on Monday, about a one percent drop from its closing price on Friday.
