GBPCAD chart analysis today
GBPCAD is 41 days into a downtrend, coiling inside a bear pennant inside a weekly uptrend. 1.88572 ends the pennant, 1.87611 resumes the fall.
Gbp/cad · daily · last close 1.87914 · read computed from candles through 2026-09-02. No AI, no signal, no target.
The two prices that decide it
- Above
- 1.88572 · the bear pennant
- Below
- 1.87611 · the bear pennant
- Formation state
- Still forming.
- Trend
- lower highs and lower lows over the window, 3 steps across 41 bars, still intact
- Agreement
- Structure 2 of 4 (mixed) · indicators 1 of 3 (low)
Levels and what happened there
- Resistance 1.90308
- Support 1.84211
- Support 1.83590
- The last three times price reached 1.90308 it held twice, bouncing 1.6% on average.
- The last eight times price reached 1.84211 it held 7 times, bouncing 1.0% on average, and broke through once.
- The last two times price reached 1.83590 it held every time, bouncing 1.7% on average.
- Bigger picture Weekly up, daily bouncing. weekly — uptrend intact, rising wedge at 1.86520.
- 52 weeks 1.3% below its 52-week high of 1.90406 and 4.3% above its 52-week low of 1.80180.
Read your own GBPCAD chart, on any timeframe
This page is the daily read as of 2026-09-02, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.
Analyze GBPCAD now →Every figure on this page was computed from real candle data through 2026-09-02 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.