I expect a move to the upper limit of the channel (green lines). TP around 1.9200 GG P.S. This is not financial advice of course, just my idea.
GBPNZD - 24h expiry - We look to Buy at 1.9000 (stop at 1.8925) Previous support located at 1.9050. Previous resistance located at 1.9150. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 1.9150 will confirm the bullish momentum. Our profit targets...
GBPNZD - 24h expiry - We look to Buy at 1.8975 (stop at 1.8900) Previous support located at 1.9000. Previous resistance located at 1.9150. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 1.9150 will confirm the bullish momentum. Our profit targets...
GBPNZD - 21h expiry - We look to Buy at 1.8900 (stop at 1.8790) Previous support located at 1.9000. Previous resistance located at 1.9100. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 1.9100 will confirm the bullish momentum. Our profit targets will be 1.915 and 1.920 Resistance: 1.9100 /...
GBPNZD - 20h expiry - We look to Buy at 1.9050 (stop at 1.8890) Previous support located at 1.9100. Previous resistance located at 1.9250. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 1.9250 will confirm the bullish momentum. Our profit targets will be 1.9420 and 1.9450 Resistance:...
GBPNZD - 21h expiry - We look to Buy at 1.9050 (stop at 1.8890) Previous support located at 1.9050. Previous resistance located at 1.9300. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 1.9230 will confirm the bullish momentum. Our profit targets...
GBPNZD - 20h expiry - We look to Sell at 1.9279 (stop at 1.9361) Our short term bias remains negative. The 50% Fibonacci retracement is located at 1.9275 from 28/11/2022 to 01/12/2022. Bespoke resistance is located at 1.9282. Preferred trade is to sell into rallies. Our profit targets will be 1.9095 and 1.9000 Resistance: 1.9250 / 1.9275 / 1.9282 Support:...
📉GBP/NZD Declines Ahead 📉GBP/NZD Finally started a decisive move southwards. 📉It coincides perfectly with my previous analysis in which I wrote about the declines in the Pound and the upcoming rises in the New Zealand Dollar 📉 Ahead is a strong support zone defined by a cluster of two fibo levels. The first is the 1.618 level of the entire recent upward...
GBPNZD - 21h expiry - We look to Buy at 1.9100 (stop at 1.9020) Previous support located at 1.9100. Previous resistance located at 1.9300. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 1.9300 will confirm the bullish momentum. Our profit targets...
GBPNZD - 23h expiry - We look to Sell a break of 1.9128 (stop at 1.9245) Selling pressure dominated price action yesterday and we expect this to continue today. Previous support located at 1.9128. Short term bias is bearish. Further downside is expected, however, due to the strong support below we prefer to sell a break of 1.9128, which will confirm the...
Trade Idea: Buying GBPNZD Reasoning: Trading in a range on the 60min chart Entry Level: 1.9226 Take Profit Level: 1.9452 Stop Loss: 1.9180 Risk/Reward: 4.95:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical...
GBPNZD - 21h expiry - We look to Buy at 1.9150 (stop at 1.8990) Previous support located at 1.9200. Previous resistance located at 1.9400. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 1.9400 will confirm the bullish momentum. Our profit targets...
Hello Traders, In this week's trading session we will be monitoring GBPNZD for a Buying opportunity in and around 1.915 OB zone. Once we get a bearish confirmation the trade will be executed and shared with our premium subscribers! - RISK DISCLOSURE TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF...
GBPNZD - 22h expiry - We look to Buy at 1.9150 (stop at 1.8990) Previous support located at 1.9250. Previous resistance located at 1.9400. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 1.9400 will confirm the bullish momentum. Our profit targets will be 1.9520 and 1.9550 Resistance:...
Hey Traders, in today's trading session we are monitoring GBPNZD for a selling opportunity around 1.92 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
The GBPNZD pair is moving exactly as predicted on our previous analysis on September 28: The price hit and got rejected on the Lower Highs (dashed) trend-line) of the Triangle pattern that has been holding since April 02 2020. The pair pulled-back aggressively, but this remains much in line with the 2019 W-shaped fractal, which after its own 1D Golden Cross...
please refer to my forme analysis of this pair beginning of c wave
GBPNZD - 19h expiry - We look to Buy at 1.9800 (stop at 1.9640) Previous support located at 1.9900. Previous resistance located at 2.0000. Indecisive price action has resulted in sideways congestion on the daily chart. Risk/Reward is ideal to call a buy from current levels. A move through 2.0000 will confirm the bullish momentum. Our profit targets will...