Pivot Points Calculator GBP/CAD
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Inputs
Calculate pivot point
(1.00500 + 0.99500 + 0.99950) ÷ 3
= 0.99983
Calculate R1 (Resistance 1)
(2 × 0.99983) - 0.99500
= 1.00467
Calculate S1 (Support 1)
(2 × 0.99983) - 1.00500
= 0.99467
For GBP/CAD pivot points: GBP/CAD uses standard 4-decimal pricing where one pip equals 0.0001. This cross pair has typical spreads of 2.5-3.8 pips with good liquidity.
Frequently Asked Questions
How do I calculate daily pivot points for GBP/CAD?
Pivot points for GBP/CAD are calculated using the previous day high, low, and close: Pivot = (H + L + C) / 3. Support and resistance levels are derived from this.
Which pivot point method is best for GBP/CAD?
Standard pivots work well for most GBP/CAD trading. Fibonacci pivots add Fib ratios, while Camarilla pivots are tighter for scalping GBP/CAD.
How reliable are pivot points for GBP/CAD?
Pivot points are self-fulfilling on GBP/CAD because many traders watch them. As a minor pair with good liquidity, GBP/CAD often reacts to these levels.