📈 GBP/NZD Bullish Setup 📈
The British Pound is showing strong momentum against the New Zealand Dollar, with a clear uptrend structure on the 4H chart.
Key Factors Supporting the Bullish Outlook:
1️⃣ Trend Continuation: The market remains in an uptrend, forming higher highs and higher lows—a sign of strong bullish momentum.
2️⃣ Break & Retest: After a recent retracement, price has rebounded from a key support level, confirming buying pressure.
Target Levels:
🔹 First Target: 2.2770
🔹 Second Target: 2.2920
🔹 Final Target: 2.3114
🔻 Stop-Loss Below: 2.2380
The British Pound is showing strong momentum against the New Zealand Dollar, with a clear uptrend structure on the 4H chart.
Key Factors Supporting the Bullish Outlook:
1️⃣ Trend Continuation: The market remains in an uptrend, forming higher highs and higher lows—a sign of strong bullish momentum.
2️⃣ Break & Retest: After a recent retracement, price has rebounded from a key support level, confirming buying pressure.
Target Levels:
🔹 First Target: 2.2770
🔹 Second Target: 2.2920
🔹 Final Target: 2.3114
🔻 Stop-Loss Below: 2.2380
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Telegram Link: t.me/charts_M7M
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 6 years in the financial markets! Join my Telegram for exclusive insights.
Telegram Link: t.me/charts_M7M
Telegram Link: t.me/charts_M7M
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.