GBPNZD
GBPNZD 17/APR/2023GBPNZD currency pair is currently showing a consolidation within a wedge pattern. The price is approaching the resistance level of the wedge pattern, which is historically known to be a price level where the price tends to pullback or bounce downwards. Based on this historical price behavior, there is a potential pullback or downward bounce from the resistance area. Traders may interpret this as a potential selling opportunity, as the price could potentially move lower from the resistance level.
GBP/NZD BEARS ARE STRONG HERE|SHORT
Hello,Friends!
GBP/NZD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 17H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.957 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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GBPNZD, Another leg higher. GBPNZD / 4H
Hello traders, welcome back to another market breakdown.
GBPNZD is trading in a bullish trend. I'll look to get on a long position if I get another pul-back and join the current trend around previous breakout point on 1H time frame. Invalidation would be taking the last swing low.
Trade safely,
Trader Leo
GBPNZD Long 30m TFDouble bottom on the 30m tf and the 1H tf.
Two possible entries:
1) 30M TF: Price retests support before pushing to the upside.
Indicator: RSI to test the MA then push to the upside.
2) 1H TF: Double bottom on the 30 min tf & 1 hr tf. Let's see if price will break resistance to the upside and turn it to support. I'd expect a bullish run if that happens.
Indicators: RSI: RSI tested MA and might push to the upside.
MACD: EMA crossover to the upside.
GBPNZDScheduled operation: Start time 11:00 a.m. london time.
Be careful, do not charge too much because the trend of this pair is bullish. What we are going to look for is a pullback for air intake coinciding with the middle of the week and with the bullish start of the week. This operation will have to be protected before 18:00 p.m. London time or when the asset has moved in our favor 40pips.
Operativa programada: Hora de inicio 11:00 a.m. hora de londres.
Cuidado, no os carguéis mucho porque la tendencia de este par es alcista. Lo que vamos a buscar es un retroceso para toma de aire coincidiendo con la mitad de semana y con el inicio alcista semana. Esta operación habrá que protegerla antes de las 18:00 p.m. hora de Londres o cuando el activo se haya movido a nuestro favor 40pips.
GBPNZD: Expecting One More Bullish Wave 🇬🇧🇳🇿
GBPNZD is trading in a bullish trend on a daily.
The price has been recently testing a wide horizontal supply area.
It was finally broken this week.
The broken structure and a rising trend line now compose the buy zone.
I will expect a bullish continuation from the underlined green area.
Next goal - 2.02
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GBPNZD H4 | Falling to a key supportGBPNZD is falling towards a key overlap support that aligns close to the 38.2% Fibonacci retracement. Price could hit our buy entry at 1.99644 and bounce to the up side to hit our take profit at 2.01296 which is a recent swing-high. Stop loss is at 1.98660 which is an overlap support.
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GBP/NZD Under Pressure! SELL!
My dear subscribers ,
I analysed this chart on GBP/NZD, and concluded the following:
The asset is approaching an important pivot point 1.99320
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Target - 1.98011
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
GBP/NZD SHORT FROM RESISTANCE
Hello,Friends!
GBP/NZD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.980 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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✅TS ❕ GBPNZD: ascending wedge✅✅ GBPNZD moves in an upward wedge.
The volatility of the move has decreased.
We expect a reversal and a price decline. ✅
🚀 SELL scenario: short to 1.965. 🚀
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GBPNZD - Expect retracement ✅Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking longs, but for now I expect a retracement to till the imbalances lower. As well we have a normal divergence which indicates bearish price action.
Fundamental analysis: Wednesday on 5th of April will be released Official Cash Rate on NZD, which was forecasted to increase by 0.25%, this means strength in currency which could support our move.
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GBPNZD AnalysisPrice of GBP nzd has been making a tighter range highs latest.
with over all fundamental situation on the horizon , i am expecting it to fall to lower support of 1.9541
sell entry : 1.98
SL - 1.9921
tp : 1.9540
interst rates of Nzd is 4.75 and GBP is 4.25 which favours bais.
infaltion is higher in britain around 10 percent with lower GDP q/q which also favours longs on NZD.
best of luck
GBP/NZD BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
GBP/NZD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 6H timeframe.
And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.956 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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✅GBP_NZD UPTREND INSIDE THE WEDGE|LONG🚀
✅GBP_NZD is trading in an
Uptrend inside the rising
Narrowing wedge so until
We see a breakout we are bullish
And we will b expecting the
Pair to keep moving up
Catching long trades
From the rising support
Of the wedge
LONG🚀
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