NZDGBP trade ideas
GBPNZD FORECASTGuys I really love how this pair is looking like from the higher timeframe, everything is looking good and what I love most is structures how they have been developing, giving us the clear message that this price is pointing more to the downside.
This pair is in my today's watch list and I look it with a close eye to see how the market will be developing.
GBP/NZD - Weekly OutlookThis is an extremely strong Analysis for not just a Long Term Point of view but also a short term scale, let me explain.
Monthly/Weekly markets are both bullish. We can notice that price has reacted 3 times off a strong Weekly Imbalance. Price that makes 3 touches is considered a strong zone so now I would suggest we would have a final pullback off this zone before creating a new MSS in smaller time frames. We have market out the 50% level on the Fib to show our Discount zones before looking for any entry models.
So far on the Daily/4H we can see a large Bullish move but.. we are not sure whether this Bullish leg has actually just finished nor just started so we will have to wait and assess this Bullish Price action and adjust our Fib as the market move to work out our pull back points.
I have set up a strong Demand zone which does happen to be at our OTE right now but again this may change due to the Bullish movement not currently showing any sights of a pullback.
We only enter trade will the highest possibility's and currently this market is showing extremely strong signs of possible trade entry's but we still need to work out what those entries are.
Good luck to the traders that want to follow this market and would be interested in my entry model in this Market
GBPNZD Technical buy opportunity below the 1D MA50.Last time we looked into the GBPNZD pair (October 02 2024, see chart below), we issued a clear buy signal at the bottom of the long-term Channel Up, that easily hit the 2.1900 Target:
Yet again, the price got rejected at the top of the Channel Up and pulled-back where it is consolidating below the 1D MA50 (blue trend-line). In the 12 months of this pattern, this has always been an excellent technical buy opportunity, with the minimum immediate rally being +4.15%.
As a result, we feel confident buying this pair and target 2.2550.
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GBP/NZD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
We are going long on the GBP/NZD with the target of 2.235 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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GBP/NZD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are now examining the GBP/NZD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 2.177 level.
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GBP/NZD - Trade Idea.Long for potential long positions at 2.1600.
Why?.. At this Phycological level we can see previously that we have had large buying pressure added at this level. To support this we can see multiple Imbalances left after price sky rocketed.
Currently price is falling will multiple market jumps insinuating the continuation of Bearish movements for the next few days.
I would like to see price come down into the Demand zone at the suggested level. This shows me price is at a Discounted Rate. As long as price respects the Previous Low then we are still Bullish on the Long Term.
Stop loss levels are below the Daily TF Imbalance. Im risking 130 Pips for 730 Pips in return.
Take Profit levels are taking out Buy Side Liquidity
GBPNZD LONGS (High risk)Weekly : Bullish. Price continuously making higher highs and higher lows.
Daily : Bearish. However, price is sitting at an important AOI which is also a psych level 2.17000. Also 3rd touch of bullish dynamic trendline
4h : Price is creating a tripple bottom but the structure is bearish. Price is retesting a broken dynamic bearish trendline
GBPNZD - The pound, at peace?!The GBPNZD currency pair is below the EMA200 and EMA50 in the 4-hour timeframe and is trading in its ascending channel. If the downward trend continues, we can see the demand zone and buy this currency pair in that zone with the appropriate risk reward. The upward correction of this currency pair will provide us with the opportunity to sell it again.
According to Bloomberg, in response to rising borrowing costs, the UK bond market has requested that the government reduce the issuance of long-term bonds next year. During annual consultation meetings held on Monday, traders strongly advocated for a reduction in the maturity of bonds issued for the fiscal year 2025-2026 compared to current levels.
The majority of investors favor increasing the issuance of short-term bonds due to declining demand for long-term bonds from pension funds. The Debt Management Office mentioned in its meeting minutes that the market requires greater flexibility due to “uncertainty.”
The recent rise in UK bond yields has posed new challenges for the government, and these proposals could help the government adapt to the shifts in demand.
As reported by the Financial Times, UK Treasury Minister Rachel Reeves has expressed support for regulatory plans aimed at reducing restrictions on mortgage lending.These plans, which are being reviewed by the Financial Conduct Authority (FCA), aim to allow banks to take on more risk with mortgage loans, enabling more people to become homeowners.
In an interview with the Financial Times, Reeves stated her willingness to consider the FCA’s proposals for easing mortgage restrictions. She said, “I am fully prepared to explore ideas that can help working families achieve homeownership.”
This week, Reeves traveled to Davos to participate in the World Economic Forum and promote the UK as a prime destination for investment. This effort is part of the Labour government’s strategy to stimulate economic growth, as the UK experienced a recession in the second half of last year.
Given the stringent fiscal rules Reeves has imposed on herself and the decline in business confidence following her decision to raise employer national insurance contributions in the October budget, the Treasury Minister has faced significant political pressure since the start of the year. The Treasury is at the forefront of the government’s efforts to push regulators to introduce growth-enhancing measures. Last week, Reeves met with several UK regulatory officials to gather their ideas on this matter.
Data from the Office for National Statistics (ONS) revealed that the number of job vacancies in the UK decreased to 812,000 in the quarter ending December. Additionally, the economic inactivity rate dropped to 21.6% in the three months ending November.
Traders have increased their bets on an interest rate cut by the Bank of England, expecting a reduction of 64 basis points this year.
Moreover, December data indicates that the UK’s public sector net debt (excluding banking groups) rose to £17.8 billion, up from the previous figure of £11.2 billion. Public sector tax receipts increased to £19.9 billion, a notable rise compared to the previous £13.0 billion. Similarly, central government net debt climbed to £19.9 billion, up from £16.3 billion previously.
Meanwhile, in the latest Global Dairy Trade (GDT) auction in New Zealand, the GDT price index increased by 1.4%, while whole milk powder prices rose by 5%.
GBPNZD I Swing Long Opportunity from Weekly Welcome 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.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBPNZD Massive Long! BUY!
My dear friends,
Please, find my technical outlook for EUR/USD below:
The instrument tests an important psychological level 2.1703
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2.1748
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
GBPNZD SELL TRADE PLANICMARKETS:GBPNZD
Trade Type: Sell (Short)
Entry 1 (Safe Market Order): 2.1770 (Break & Retest Confirmed)
Entry 2 (Optimal Limit Order): 2.1820-2.1850 (Sell at Supply Zone Rejection)
Stop Loss (Safe Above Structure): 2.1910
TP1: 2.1700 (Secure Partial Profits).
TP2: 2.1650 (Key Demand Zone).
TP3 (Full TP): 2.1600 (Sell-Side Liquidity Grab).
Risk-to-Reward (R:R): Minimum 1:3 R:R (High Probability).
Trade Confidence Level: 85% Bearish Bias (Strong Institutional Confluences).
GBP/NZD "Sterling vs Kiwi" Forex Market Heist Plan on Bearish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/NZD "Sterling vs Kiwi" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 Be wealthy and safe trade.💪🏆🎉
Entry 📉 : Traders & Thieves with New Entry a Bear trade can be initiated on the MA level breakout of 2.15654.
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest.
Stop Loss 🛑: Using the 4h period, the recent / nearest high level.
Goal 🎯: 2.11200 (OR) Before escape in the bank
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Fundamental Outlook 📰🗞️
The GBP/NZD (British Pound vs New Zealand Dollar) market is expected to move in a bearish direction, driven by several key factors.
BEARISH FACTORS:
UK Economic Uncertainty: The ongoing UK economic uncertainty, including the Brexit negotiations and the COVID-19 pandemic, is expected to weaken the British Pound.
New Zealand Economy: The New Zealand economy is expected to grow at a faster pace than the UK economy, with a forecast of 2.5% GDP growth for the next quarter, which could strengthen the New Zealand Dollar.
Monetary Policy: The Reserve Bank of New Zealand is expected to keep interest rates low, but the Bank of England is expected to cut interest rates, which could weaken the British Pound.
Commodity Prices: The price of commodities such as dairy products and meat is expected to increase, which could strengthen the New Zealand Dollar.
UPCOMING FUNDAMENTAL ANALYSIS:
UK GDP Growth: The upcoming UK GDP growth report is expected to show a slowdown in economic growth, which could weaken the British Pound.
New Zealand GDP Growth: The upcoming New Zealand GDP growth report is expected to show a strong economic growth, which could strengthen the New Zealand Dollar.
UK Inflation Rate: The upcoming UK inflation rate report is expected to show a low inflation rate, which could weaken the British Pound.
New Zealand Inflation Rate: The upcoming New Zealand inflation rate report is expected to show a higher inflation rate, which could strengthen the New Zealand Dollar.
MARKET SENTIMENT:
Bearish Sentiment: 60%
Bullish Sentiment: 30%
Neutral Sentiment: 10%
Trading Alert⚠️ : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
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GBP/NZD Buy Trade – Targeting 2.17686Pair: GBP/NZD 💷🇳🇿
Direction: Long 🔼
Target: 2.17686 🎯
Time Horizon: By Monday, Jan 20, 17:45 UTC ⏳
The pair is showing signs of recovery after recent price fluctuations, with market behavior suggesting a potential move toward the 2.17686 level. The observed price action indicates a gradual upward trajectory as market participants respond to evolving conditions.
This trade is expected to reach its target by Monday at 17:45 UTC. Broader market influences, including GBP strength and NZD market sentiment, may impact price movements. Close monitoring is advised to assess the development of the anticipated trend. 🔍
GBPNZD Is Going Up! Buy!
Here is our detailed technical review for GBPNZD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 2.174.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2.200 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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