Technical outlook for the GBP/NZD pair!The GBP/NZD pair is trading in a general uptrend on both the daily and 4-hour timeframes, forming higher highs and higher lows.
What is the potential upcoming technical scenario?
After the price recorded a new high above the 2.26939 level, a corrective pullback is expected to test the 2.2565 level, followed by a rise targeting the 2.27013 level.
Maintaining the 2.25001 level without breaking below it and avoiding a lower low supports the continuation of the above bullish scenario. However, a decline and a daily candle close below the 2.25001 level would indicate a shift from a bullish to a bearish trend, thus invalidating the bullish scenario.
NZDGBP trade ideas
GBPNZD- Bearish Wedge Pattern - SHORT SELL GBPNZD ; after series of HH and HL, now is the time for the market to take some reversal. market has formed divergence on 30 M time frame. we can see formation of Bearish Wedge patter which is a strong indication of up-trend getting weaker.
Once, market breaks the LH we can enter into the market. we have got projection on the charts (thanks to wedge pattern)
we have 4 TPs with a R:R of 1:1, 1:2 , 1:3 and 1:4 respectively.
SL is placed slightly above last LH.
GBPNZD Pushing itself in a buy directionHello Traders
In This Chart GBPNZD 4 HOURLY Forex Forecast By FOREX PLANET
today GBPNZD analysis 👆
🟢This Chart includes GBPNZD market update)
🟢What is The Next Opportunity on EURNZD 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
GBP_NZD WILL GROW|LONG|
✅GBP_NZD has retested a key support level of 2.2520
And as the pair is already making a bullish rebound
A move up to retest the supply level above at 2.2600 is likely
LONG🚀
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GBPNZD: Bears Will Push Lower
GBPNZD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell GBPNZD
Entry Level - 2.2555
Sl - 2.2624
Tp - 2.2425
Our Risk - 1%
Start protection of your profits from lower levels
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GBPNZD-SELL strategy 6 hourly chart Line Brk (2)The pair is locked within a triangle formation and below CLOUD resistance 2.2678 area. We have minor negative indicators, and not solid enough, but based on the resistance and trading below cloud resistance, it is likely a move lower for test 2.2300 area support in the near term.
Strategy SELL @ 2.2560-2.2600 and take profit at @ 2.2307. On break below 2.2300 we will see 2.1950 tested, is my viewpoint.
GBPNZD - Not A Grade A Trade But One w/ MASSIVE TargetsThe trading opportunity here on the GBPNZD isn't a grade A trade in my opinion but the potential for MASSIVE targets may make up for that.
THE GBPNZD has recently violated a key level of structure to the upside & with the recent retracement has offered a very nice bullish trend continuation opportunity.
The only problem with this setup is that due to "sloppy" past price movement, picking an initial target projection can be somewhat difficult.
With that being said, if price can move beyond the initial "sloppy" area, then it will present us with a massive potential to the upside which may make it worth the risk.
Please leave any questions or comments below & I hope you guys have a great weekend.
Akil
GBPNZD My Opinion! SELL!
My dear friends,
Please, find my technical outlook for GBPNZD below:
The instrument tests an important psychological level 2.2590
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2.2478
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPNZDGBPNZD on 1 hr time we can see a confirm bull trap in chart and now it has made high lower we can see good short trade in gbpnzd and it can come till the trendline which i have draw inn chart on manday if gbpnzd 15 min candle closing below friday closing we can take a short trade till trendline target which is 2.25000
GBP/NZD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
Previous week’s red candle means that for us the GBP/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 2.259.
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GBPNZD: Bullish Move From Trend Line 🇬🇧🇳🇿
GBPNZD retested a recently broken trend line on a daily.
A tiny double bottom that was formed on that on an hourly time frame
provides a strong intraday bullish confirmation.
We can expect a rise now at least to 2.26 level.
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GBPNZD Potential Bearish Reversal After Trendline Break
Market Structure: Price recently formed a lower high and broke below an ascending trendline, signaling potential bearish momentum.
Key Resistance Levels:
2.29400 – Major structure zone, likely to act as resistance.
2.32995 – Invalidation Level – if price breaks and holds above this level, the bearish bias is no longer valid.
Trade Idea:
Watching for a pullback toward 2.29400 followed by bearish confirmation to short the pair.
Targeting downside movement toward the 2.18000–2.16000 area.
Bias: Bearish
Confirmation Needed: Rejection at resistance and bearish candlestick pattern.
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Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research before making any trading decisions.
GBPNZD The Target Is DOWN! SELL!
My dear subscribers,
This is my opinion on the GBPNZD next move:
The instrument tests an important psychological level 2.2639
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2.2493
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GBPNZD Buy Setup – Bullish Structure Building UpWeekly Overview
Price has tested and held at a strong weekly support level for the past 4 weeks. Last week closed with a bullish candle, showing signs of accumulation and potential upward continuation.
Daily Chart Explanation
Price is moving sideways, but multiple bullish momentum candles are visible within the range. This suggests that buyers are actively absorbing selling pressure despite the consolidation.
4H Chart Explanation
The 4H timeframe has broken above the EMA and remains above it, signaling a shift in trend. I will wait for a retracement back into the discounted zone before looking for a buy setup. A bullish structure and strong price action confirmation will be key to validate the entry.
Plan
🔹 Bias: Bullish
🔹 Entry: Wait for price to retrace into 4H discounted zone and form bullish structure
🔹 Targets:
• TP1 – Recent 4H high
• TP2 – Daily resistance zone
🔹 Invalidation: Break and close below the recent 4H higher low or back below 50EMA