📉 Overview: GBPNZD is currently in a robust bearish trend, offering traders an immediate entry opportunity. Our analysis, grounded in DOW Theory, underscores the strength of the downward movement. 📊 Technical Analysis: DOW Theory principles highlight a consistent pattern of lower lows and lower highs, affirming the prevailing bearish trajectory. 📈 RSI...
Hello TradingView Family / Fellow Traders, 📈 GBPNZD has been overall bearish, trading inside the falling channel in red and it is currently approaching the lower red trendline. Moreover, the zone 1.985 is a robust demand zone. 🎯 Therefore , the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the...
Hey Traders, in tomorrow's trading session we are monitoring GBPNZD for a selling opportunity around 2.02000 zone, GBPNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2.0200 support and resistance area. Trade safe, Joe.
Hello,Friends! GBP/NZD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2.048 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
gbpnzd seller taking chances after lq has been taken and retested giving us a strong resistance zone as price drifting a drop for a support/sell side lq
Hello,Friends! Bullish trend on GBP/NZD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 2.042. ✅LIKE AND COMMENT MY IDEAS✅
Previously price respected the resistance zone making it first touch of the , thereby validating it. Currently GBPNZD price is moving to make it second test, we might see a corrective test as it behave in the first touch. Price will fill the wick @2.02631 . My target is to Price 2.0145. If you found this helpful, please support your fellow trader with a like.
GBPNZD is in the falling wedge pattern with a price bouncing at the strong support line. Price actions shows bullish divergence with a possible reversal of going long. Placed a buy stop at previous LH with 1:1 RR. What you all think, Will it go long?
Hello Traders In This Chart GBPNZD HOURLY Forex Forecast By FOREX PLANET today GBPNZD analysis 👆 🟢This Chart includes_ (GBPNZD market update) 🟢What is The Next Opportunity on CHFJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
GBPNZD price actions shows a falling wedge pattern. It has tested strong daily support with a possible bullish price action while staying within the wedge. SL will be under the trend line and buy entry will be at CMP. TP will be 1:1
My dear friends, Please, find my technical outlook for GBPNZD below: The price is coiling around a solid key level - 2.0331 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy giving a perfect indicators' convergence. Goal - 2.0434 About Used Indicators: The pivot point itself is simply...
Here is our detailed technical review for GBPNZD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 2.032. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2.043 level. P.S Please, note that an...
FX:GBPNZD is waiting for a retest, then a bullish price action candle from the demand zone to confirm the rise again📈, and the analysis ends with any direct daily close below the zone. ⚡️ Good luck, guys.🙌🙏
✅GBP_NZD fell down sharply But a strong support level of 2.025 was hit Thus as a rebound is already happening A move up towards the target of 2.045 shall follow LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Just like EURNZD, GBPNZD is in a big weekly support zone. Price is most likely going to bounce from this zone so I will be looking for long entries!
GBPNZD formed a head and shoulders pattern after a test of a key daily resistance. The neckline of the pattern is broken, and we see its retest at the moment. I expect a bearish movement to 2.0420 / 2.0315 ❤️Please, support my work with like, thank you!❤️
Hello,Traders! GBP-NZD went up and hit A horizontal resistance of 2.059 From where we are seeing A bearish reaction so I think That we will see a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
GBPNZD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the sell momentum continues the next target could be 2.0200 What you guys think of this idea?