Hello,Friends! GBP-NZD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 2.051 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/NZD pair. ✅LIKE AND COMMENT MY IDEAS✅
GBPNZD has given the clean breakout of long term consolidation. And now the market is retesting the broken level. sellers seems to be exhausted. if this breakout holds the next upside targets will be 2.0600 followed by 2.0800
OANDA:GBPNZD BUY position can be taken in the specified ZONE There is no position before the ZONE
After a down move market seems to be creating higher highs and higher lows and breaking structures to the up move
My dear subscribers, This is my opinion on the GBPNZD next move: The instrument tests an important psychological level 2.0435 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2.0572 My Stop Loss - 2.0366 About Used Indicators: On...
The GBP/NZD pair on the M30 timeframe presents a potential selling opportunity due to a well-defined bearish channel pattern. This pattern suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours. Key Points: Bearish Channel: The price has been trading within a descending channel characterized by two falling...
💵Pair Name GBP/NZD Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Short ) Mid Term Type : Mid Term Swing —————————— Bearish /...
The GBP/NZD pair has lost momentum for a possible rebound, regardless of Bank of England Governor Andrew Bailey's tempered remarks regarding the pace of interest rate hikes, despite presiding over a divided decision. This shift in sentiment has prompted a breakdown in price support around the 2.0500 area, followed by a subsequent retest and further bearish...
H1 - Bearish trend pattern. Strong bearish momentum. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
💹 Forex Quick Check: #GBPNZD 📉 Trend: DOWN 🚀 Action: LONG @ 2.03802 🎯 TP: VIP ROOM 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #GBPNZD. #GBPNZD was in the down trend and now it is almost on the key level. Here we can see clearly that it sweeps the liquidity and now is approaching the major support zone, where we can...
GBPNZD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy GBPNZD Entry Level - 2.0530 Sl - 2.0463 Tp - 2.0665 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear friends, Please, find my technical outlook for GBPNZD below: The instrument tests an important psychological level 2.0554 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2.0599 About Used Indicators: Super-trend indicator is...
GBPNZD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy GBPNZD Entry - 2.0554 Stop - 2.0495 Take - 2.0670 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The GBPNZD situation presents a bearish structure, highlighted by three recent touches on the trendline. However, it currently sits within a demand zone on H4, where yesterday I observed a bounce at the 62% Fibonacci level, supported by an H4 candle. This bounce, in my opinion, is worthy of consideration. Shortly after, the market experienced an uptick, also...
Take a look at our analysis for GBPNZD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2.080. Taking into consideration the structure & trend analysis, I believe that the market will reach 2.061 level soon. P.S We determine oversold/overbought condition...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Hello traders, we want to check the GBPNZD chart. The price has broken the descending channel to the top and pulled back to the key level indicated. We expect this level to play the role of a support level and the price will maintain its profitable trend. The first price target is 2.07200 and if the price can break this level, the second price target will be...
Hello,Friends! GBP/NZD is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand...