GbpNzd outlookStarting with Aug, GbpNzd is in a clear uptrend, putting in higher lows and higher highs
After rising 2000 pips and reaching 2.05 resistance, the pair corrected and we have a false break of 2.0 psychological support at the beginning of the month
The pair recovered above this support quickly and now is trading at 2.0140
We believe that a next leg up is underway and 2.05 figure will be challenged again soon
Strategy:
Look to buy lows
SL under 2.0
TP @ 2.05
Gbpnzdlong
#GBPNZD, Elections approach!The GBPNZD is above the 200 moving average line which is a bullish sign.
The Ichimoku cloud continues to be bullish on the pound.
The recent declines were due to the pound's encounter with resistance at 2.03, but you can see very quickly the ups were coming back to the picture.
Target: 2.09
GN QUICK UPDATE, U NEVER KNOW... :) GBPNZD 10/12/2019
Hello Traders!
We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a crosshair.
Heart in the box - a place to jump in/out
Sign with exclamation mark - places to be aware of a few different types of reactions from this level
Target sign - the first target to focus on
Thunder sign - spot to react - possible jump to push into reversal
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy.
Like it if it was helpful to you. We appreciate the likes and comments.
Provided feedback helps us with the future service. Got questions? Feel free to PM us!
Thank you for your attention,
GOD BLESS U ALL!
GBPNZD forecast on daily**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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GWBFX
GBPNZD approaching support, potential for a bounce!
GBPNZD is expected to drop to 1st support at 2.00168 where it could potentially react off and up to 1st resistance at 2.01154.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPNZD Analysis: Price currently at a critical decision pointHi traders,
This pair has been in consolidation for the past one month and likely to make the next big move very soon.
It is following a rising trendline and has come to test it once again.
It is also currently at a strong support zone.
I see high likelihood of it to bounce and continue upwards.
Breakout of the trendline will invalidate the long idea. In case breakout occurs short the pair.
Let me know your views in the comments. Hit like if you agree with the idea.