Double Top with bearish divergenceReversal pattern at 1H Time frame.
Most probably it will test it's major support at 2.190
GBP/NZD Short Setup AnalysisGBP/NZD 4H Trading Analysis – Bearish Setup
📉 Potential Short Opportunity
🔹 Structure Breakdown:
The market broke a rising wedge pattern, signaling a potential downtrend. Price has retraced to key Fibonacci levels, providing a possible entry for short positions.
🔹 Fibonacci Levels:
61.8% (2.2565)
longgbpnzd breaks support ,market have the good digestion higher the chances for the market to touch above resistance levels
GU UpdateThe latest COT data reveals a net long position among speculative traders for the British Pound, indicating bullish sentiment. Concurrently, technical analyses from multiple reputable sources suggest a buying opportunity for GBP/NZD. Therefore, based on the current data, the direction for GBP/NZD in
GBPNZD Sell GBPNZD is showing a Change of Character (ChoCh) on the Daily, signaling a potential shift in market structure. This is further reinforced by a double top confirmation on the 4-hour timeframe, indicating strong resistance and potential exhaustion of buyers. With price rejecting key levels and bearish
GBPNZDPrice reached a strong resistance zone and seemed to have failed to go above it. Now we've got a geeky head and shoulder on the daily and h4 with neckline being broken. we wait and see a retest with bearish confirmations before shorting.
GBPNZD in down trend ? After recent breakdown the price retested the resistance and after consolidation now looks to be moving in the down trend.
GBPNZD is ready to push againNo comment needed. All information is in the chart analysis.
Steps to follow:
Analyze yourself.
Take the position with SL and Take Profits.
Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :)
Get the result.
I will update the trade
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related currencies
Frequently Asked Questions
The current rate of NZDGBP is 0.44167 GBP — it has decreased by −0.36% in the past 24 hours. See more of NZDGBP rate dynamics on the detailed chart.
The value of the NZDGBP pair is quoted as 1 NZD per x GBP. For example, if the pair is trading at 1.50, it means it takes 1.5 GBP to buy 1 NZD.
The term volatility describes the risk related to the changes in an asset's value. NZDGBP has the volatility rating of 0.57%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The NZDGBP showed a −0.54% fall over the past week, the month change is a −2.29% fall, and over the last year it has decreased by −6.65%. Track live rate changes on the NZDGBP chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
NZDGBP is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade NZDGBP right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with NZDGBP technical analysis. The technical rating for the pair is strong sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the NZDGBP shows the sell signal, and 1 month rating is sell. See more of NZDGBP technicals for a more comprehensive analysis.