📊 GBP/NZD (15M) Analysis – 24-03-2025
📈 Current Price: 2.25787
🔴 Supply Zone (Resistance): 2.26715 – Potential area for reversal.
🟢 Demand Zones (Support):
2.2502 – Key level for possible bullish reaction.
2.24710 – Strong support zone.
📌 Market Outlook:
Price is in an uptrend but may retrace to the 2.2502 - 2.24710 demand zone before continuing upward.
Scenario 1: If price bounces from 2.2502 - 2.24710, expect a move towards 2.26112 (TP1) and potentially 2.26715 (TP2).
Scenario 2: If price breaks below 2.24710, bearish momentum may increase.
⚡ Trade Setup:
🔻 Buy Setup: If rejection at 2.2502 - 2.24710
🎯 TP1: 2.26112
🎯 TP2: 2.26715
🛑 SL: Below 2.24600
#GBPNZD #ForexAnalysis #SmartMoney #Trading #PriceAction 🚀📊
📈 Current Price: 2.25787
🔴 Supply Zone (Resistance): 2.26715 – Potential area for reversal.
🟢 Demand Zones (Support):
2.2502 – Key level for possible bullish reaction.
2.24710 – Strong support zone.
📌 Market Outlook:
Price is in an uptrend but may retrace to the 2.2502 - 2.24710 demand zone before continuing upward.
Scenario 1: If price bounces from 2.2502 - 2.24710, expect a move towards 2.26112 (TP1) and potentially 2.26715 (TP2).
Scenario 2: If price breaks below 2.24710, bearish momentum may increase.
⚡ Trade Setup:
🔻 Buy Setup: If rejection at 2.2502 - 2.24710
🎯 TP1: 2.26112
🎯 TP2: 2.26715
🛑 SL: Below 2.24600
#GBPNZD #ForexAnalysis #SmartMoney #Trading #PriceAction 🚀📊
fxforever
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.