Hello,Traders! GBP-NZD is trading in An uptrend and the pair Is breaking out of The opening wedge Pattern so I am now Bullish biased and I think that we will see A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
GBP-NZD -4h, time to sell As you can see, the weekly close and daily close was rejected and now the price is under daily levels .
GBPNZD formed a double top formation after a test of a key horizontal daily resistance. We saw a strong rejection from the upside yesterday. It makes me think that the market may drop lower soon. Next support - 2.0615 ❤️Please, support my work with like, thank you!❤️
GBPNZD currently exhibits a bearish structure highlighted by this bearish channel. Currently, the price, after bouncing off the bottom of this channel, is at a crucial point. The latest bullish reaction has led to the formation of a demand zone, ranging from 2.0760 to 2.0940. If the bearish trend maintains its strength, it is possible that the price will decline...
My dear friends, Please, find my technical outlook for GBPNZD below: The instrument tests an important psychological level 2.0711 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 - 2.0805 About Used Indicators: Super-trend indicator...
🏃♂️ GBPNZD is moving in a Descending Channel and broke the Uptrend line and 🟢 Support zone(2.077 NZD-2.073 NZD) 🟢. 🔔 After completing the pullback , I expect GBPNZD to decline to at least the 🟢 Support zone(2.060 NZD-2.056 NZD) 🟢 and the lower line of the descending channel. British Pound/New Zealand Dollar ( GBPNZD ), 1-hour time frame ⏰. Do not...
As you can see, the price swept the liquidity that formed as a previous day's high and was rejected. We can see the CHOCH formed in 15 minute chart and create the supply zone and FVG. In addition, the price created the liquidity pool below the supply zone. So we can expect the rejection from the supply zone. Please pay attention, we need the LTF confirmation...
Instruments shows head and should pattern with 4H Divergence. Price action shows bearish momentum with a first LH and LL. Placed a sell stop, which is better choice if the price breaks the previous LL and placed a Stop loss at previous LH. TP is set at 1:1 reward at FIB 60%. Will it work, what do you think?
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...
H1 - Strong bearish momentum. Currently it looks like a pullback is happening. No opposite signs. Expecting the price to move lower further in the short term after pullbacks until the strong resistance zone holds.
Hello,Friends! Previous week’s green candle means that for us the GBP/NZD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 2.067. ✅LIKE AND COMMENT MY IDEAS✅
✅GBP_NZD has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance of 2.0963 Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-NZD has reached A horizontal resistance Of 2.0974 and we are Already seeing a bearish Reaction from where I think We will see a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
In today's trading session, our focus is on GBPNZD, where we are eyeing a buying opportunity around the 2.08000 zone. GBPNZD is currently traversing an ascending channel and is in a correction phase, approaching the channel support at 2.08000. Adding a fundamental layer to our analysis, recent Consumer Price Index (CPI) data indicates a trend of softening...
The GBPNZD has undergone a significant upward movement recently, demonstrating a pronounced bullish trend on the 4-hour chart characterized by higher highs and lows. The retracement observed presents a potential buying opportunity, with target levels set at previous daily swing points. It is crucial to underscore that this analysis is presented solely for...
#GBPNZD UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #GBPNZD. GBPNZD is will go high according to the HTF. The reason behind to this is that it is in the uptrend , Also we can see that if it comes to the mentioned level and then retest it and then give us any confirmation in the LTF...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Consider BUYING GBPNZD based on historical seasonality trends and anticipated positive monetary policy by the 2024 Federal Reserve head. Monitor seasonal patterns, economic indicators, and central bank communications. Exercise caution, implement risk management, and seek professional advice as trading carries inherent risks.