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British Pound - Canadian Dollar

GBPCAD Analysis & Forecast - Forex

Market Trend Forecasting: Bearish Trend (SELL)
Pivot Date: 65 days ago (3/14/2025 12:00:00 AM)

Summary

Detailed GBPCAD forecast as well as a British Pound - Canadian Dollar technical analysis based on Gann Theory
Bearish: Currently, based on the rules and formulas of Gann theory, on 3/14/2025, a Gann square is formed in the "GBPCAD" pair. We are looking for a drop to 1.85755 and then 1.84394 and 1.83039.
On the other hand, after a bit of market play between the nearest support and resistance levels, the next successful move may add some optimism for further Bearish action to 1.81688 and 1.80343.
In summary, "GBPCAD" is still in Negative territory as it has fallen below the 1.87114 price level, however, any rise above the 1.81688 price level could shift the market outlook to a bullish perspective.

Details of the GBPCAD analysis

British Pound - Canadian Dollar long term analysis


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Support/Resistance Levels

Rotation at the Gann square in the main and sub angles

  • Support 1: 1.85755
  • Support 2: 1.84394
  • Support 3: 1.83039
  • Support 4: 1.81688
  • Support 5: 1.80343
  • Support 6: 1.79002
  • Support 7: 1.77667
  • Support 8: 1.76337

The chart in the eyes of Gann

Converting numbers to degrees based on the rules of Gann's theory

Start Date: 1/13/2025
End Date: 3/14/2025

Price High: 1.87114 ⟶ 70°
Price Low: 1.74582 ⟶ 353°

Price Range: 0.13 ⟶ 22°
Work Day: 44 ⟶ 240°
Calendar Day: 60 ⟶ 78°

Square of Price with the Time

Result of calculation the square of price with the time

  • The Calendar Day is squared with an offset of 90° and a difference of 5°

Matching Price or Time

Matching price or time with series of numbers

  • ••  The difference of the roots (0.45) with the important number; Number: 0.382 - Source: Important Ratio
  • ••  The difference of the roots (0.45) with the important number; Number: 0.485 - Source: Important Square Root
  • ••• The difference of the roots (0.45) with the important number; Number: 0.447 - Source: Sacred Geometry (Special)
  • ••  Matching 80 degree motion with the important number; Number: 81 - Source: 9*9 - 3^4
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