GBP/CAD

- CAD (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	GBPCAD
ISIN:

GBP/CAD - 15 min. - Technical analysis published on 12/31/2024 (GMT)

Timeframe : 15 min.
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bearish

Technical indicators

33%

My opinion

Neutral between 1.7951 CAD and 1.8046 CAD

My targets

My analysis

The neutral short-term trend shows a weakening of the basic, slightly bearish trend on GBP/CAD. It is difficult to advise a trading direction under these conditions. The first support is located at 1.7951 CAD. The first resistance is located at 1.8046 CAD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.

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 GCrow. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GBP/CAD price is 1.8017 CAD. The price registered an increase of +0.06% on the session with the lowest point at 1.7998 CAD and the highest point at 1.8056 CAD. The deviation from the price is +0.11% for the low point and -0.22% for the high point.

1.7998

1.8056

1.8017

Here is a more detailed summary of the historical variations registered by GBP/CAD:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 15 min. chart of GBP/CAD indicates that the overall trend is slightly bearish. 50.00% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 15 minutes

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 15 minutes

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 15 minutes

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 15 minutes

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 15 minutes

Momentum indicator is back under 0

Type : Bearish

Timeframe : 15 minutes

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near resistance of channel

Type : Bearish

Timeframe : 15 minutes

Near resistance of triangle

Type : Bearish

Timeframe : 15 minutes

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.7864	1.7979	1.8004	1.8017	1.8060	1.8101	1.8150
Change (%)	-0.85%	-0.21%	-0.07%	-	+0.24%	+0.47%	+0.74%
Change	-0.0153	-0.0038	-0.0013	-	+0.0043	+0.0084	+0.0133
Level	Intermediate	Intermediate	Minor	-	Minor	Major	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.7800	1.7895	1.7951	1.8046	1.8102	1.8197	1.8253
Camarilla	1.7966	1.7979	1.7993	1.8007	1.8021	1.8035	1.8049
Woodie	1.7781	1.7885	1.7932	1.8036	1.8083	1.8187	1.8234
Fibonacci	1.7895	1.7953	1.7988	1.8046	1.8104	1.8139	1.8197

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.7851	1.7916	1.8021	1.8086	1.8191	1.8256	1.8361
Camarilla	1.8080	1.8096	1.8111	1.8127	1.8143	1.8158	1.8174
Woodie	1.7872	1.7926	1.8042	1.8096	1.8212	1.8266	1.8382
Fibonacci	1.7916	1.7981	1.8021	1.8086	1.8151	1.8191	1.8256

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.6926	1.7203	1.7518	1.7795	1.8110	1.8387	1.8702
Camarilla	1.7671	1.7726	1.7780	1.7834	1.7888	1.7943	1.7997
Woodie	1.6946	1.7213	1.7538	1.7805	1.8130	1.8397	1.8722
Fibonacci	1.7203	1.7429	1.7569	1.7795	1.8021	1.8161	1.8387

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):	55.94
MACD (12,26,9):	0.0005
Directional Movement:	-0.2393
AROON (14):	85.7143
DEMA (21):	1.8035
Parabolic SAR (0,02-0,02-0,2):	1.8056
Elder Ray (13):	-0.0011
Super Trend (3,10):	1.8020
Zig ZAG (10):	1.8020
VORTEX (21):	1.0669
Stochastique (14,3,5):	46.68
TEMA (21):	1.8039
Williams %R (14):	-61.40
Chande Momentum Oscillator (20):	0.0004
Repulse (5,40,3):	-0.1073
ROCnROLL:	2
TRIX (15,9):	0.0058
Courbe Coppock:	0.24

MA7:	1.8045
MA20:	1.8030
MA50:	1.7927
MA100:	1.7895
MAexp7:	1.8031
MAexp20:	1.8028
MAexp50:	1.8025
MAexp100:	1.8036
Price / MA7:	-0.16%
Price / MA20:	-0.07%
Price / MA50:	+0.50%
Price / MA100:	+0.68%
Price / MAexp7:	-0.08%
Price / MAexp20:	-0.06%
Price / MAexp50:	-0.04%
Price / MAexp100:	-0.11%

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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