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Gbpnzdforecast

GBPNZD Long Term Selling Trading IdeaHello Traders In This Chart GBPNZD HOURLY Forex Forecast By FOREX PLANET today GBPNZD analysis 👆 🟢This Chart includes_ (GBPNZD market update) 🟢What is The Next Opportunity on CHFJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
Long
by ForexPlanet20
GBPNZD Long Term Buying Trading IdeaHello Traders In This Chart GBPNZD HOURLY Forex Forecast By FOREX PLANET today GBPNZD analysis 👆 🟢This Chart includes_ (GBPNZD market update) 🟢What is The Next Opportunity on CHFJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
Long
by ForexPlanet20
GBPNZD - Short from bearish order block ✅Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement in order to fill the imbalance higher and then to reject from bearish order block. Fundamental analysis: Upcoming week on Wednesday we have important news on NZD, Cash Rate will be released. A positive result will support our analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2
GBPNZD At the moment, I think it will be too soon for me to say there would be a reversal or a continuation, however a breakout on either side is what I'd love to see before taking a position. A break above the and its retest, 2.04919 I will go long A break below the and its retest, 2.04036 I will go short. Until then, fingers crossed Disclaimer: All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
by Mbjoey
GBPNZD Long Term Buying Trading IdeaHello Traders In This Chart GBPNZD HOURLY Forex Forecast By FOREX PLANET today GBPNZD analysis 👆 🟢This Chart includes_ (GBPNZD market update) 🟢What is The Next Opportunity on CHFJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
Long
by ForexPlanet20
GBPNZD - Short after filling the imbalance ✅Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 2.13000. Fundamental analysis: Upcoming week on Wednesday will be released monthly GDP on GBP, Pay attention to the result in order to validate the analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
Buying to sellWith all the price action that has been going on, price is currently reacting to the internal supply zone labelled as the breaker breaker block because price is expected to break the area in order to fill the one directional bearish movement which created the imbalance. Should price slightly drop to level 2.12632 then we will have a clearer buying opportunity, the idea is to break level 0.13572 to the supply zone, then a minor decrease to the breaker. The breaker shall strengthen buyers to reach the ultimate target to make a flip to the 4h supply for a smooth bearish market…
by tokelohomi
GBPNZD - Expect retracement ✅Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. Firstly I expect price to make a retracement in order to fill imbalances and only after that to reject from bullish order block + institutional big figure 2.10000. Fundamental analysis: Upcoming week on Wednesday will be released Cash Rate on NZD, also yearly CPI on GBP. Pay attention to the results in order to validate the analysis. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
GBPNZD I Strong rise and safer to trade with the trendWelcome back! Let me know your thoughts in the comments! ** GBPNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
20
GBPNZD Sell Trade: High Probability, 1:6 Risk-Reward Adventure!"Introduction: Hello fellow traders! Today, we are back with an exciting long-term trade opportunity: Sell GBPNZD : 2.09450 Take Profit : 1.99403 Stop Loss : 2.11150. We will exit the trade if the Bank of England (BoE) maintains a hawkish rhetoric without softening. In this article, we will delve into the technical analysis and fundamental factors supporting this trade, all while keeping in mind the timeless wisdom of forex proverbs that guide us towards high probability trades. Technical Analysis: The decision to enter a sell trade at 2.09450 is driven by a compelling technical setup. The price level has consistently shown strong resistance, experiencing multiple rejections. Moreover, when applying Fibonacci Retracement levels from 1.89374 to 2.09450, we anticipate a 50% retracement downward. This enticing setup offers a remarkable 1:6 Risk Reward ratio, enhancing the trade's potential for substantial profit. "The trend is your friend." This age-old saying reminds us to align ourselves with prevailing market trends. As I have already mentioned that the GBP weakens in August 2023, the technical setup for the GBPNZD sell trade complements the broader downtrend, increasing our chances of success. Fundamental Analysis: The prevailing market sentiment suggests the BoE is likely to raise interest rates by 0.25% while signaling an end to their tightening policy. As a result, bearish traders are gearing up to capitalize on this expected scenario. "Trade what you see, not what you think." While expectations may be clear, as traders, we must be adaptable. If the BoE surprises with a more aggressive 0.50% rate hike or maintains their hawkish stance, the British pound could experience a significant surge. Staying open-minded and ready to adjust our strategy ensures we are prepared for all possible outcomes. Economists are raising concerns over downside risks for the British pound. The market may have overestimated the BoE's hawkishness over the past three months, and the UK economy's stagnation presents challenges in a G10 context. "Cut your losses short and let your profits run." As we venture into this trade, we must adhere to this timeless wisdom. If the trade doesn't unfold as expected, we should be ready to exit with minimal losses. Conversely, if conditions align with our analysis, we should let the profits run, maximizing our gains. Conclusion: The GBPNZD sell trade presents an enticing opportunity with its high probability setup and favorable Risk Reward ratio. However, it's essential to stay vigilant and agile, considering both technical and fundamental factors that may influence the trade's outcome. As traders, let us heed the wisdom of forex proverbs, guiding us towards successful and rewarding journeys in the dynamic world of forex trading. Happy trading!
Short
by AhsanTufail
8