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GBPNZD

GBPNZD Daily Analysis – Bearish Setup in PlayGBPNZD pair is setting up for a potential bearish continuation as technical patterns and macroeconomic context align. With key central bank events on the horizon this week—including the Bank of England rate decision and New Zealand's employment data—volatility is expected. Traders should be cautious yet prepared, as current price action suggests a possible breakdown in the days ahead. 🔍 Chart Structure & Key Observations Rising Wedge Breakdowns (Bearish Patterns): Multiple rising wedges broke to the downside, which is a bearish signal. These breakdowns were followed by lower highs — indicating bearish momentum is strengthening. Current Price Action: Price is currently sitting at 2.2245, just above the 78.6% Fibonacci retracement level (2.2039). A support test is occurring here. If it breaks, expect acceleration in downside momentum. Bearish Flag/Pennant Setup: Recent price action appears to be forming a bearish continuation pattern (flag or descending channel). The blue arrow indicates a potential bearish breakout continuation after a short-term pullback (retest). Fibonacci Retracement & Key Support Zones: Fib levels and horizontal support coincide at multiple critical zones: 2.2039–2.2002: Minor support. 2.1818–2.1685: Strong confluence of 100% Fib level and horizontal demand zone. 2.1515–2.1509: Next major support (prior structure level). 2.0981: Projected extension target (141.4% Fib), a potential final target if the breakdown continues. Trade Plan (as per the chart): Entry: Bearish confirmation after a retest around 2.23–2.24 zone. Stop: Just above the recent highs or above 2.25. Targets: TP1: 2.2002 TP2: 2.1810 TP3: 2.1510 Final TP: 2.0980 🧠 Fundamental Context to Watch Considering the NZD and GBP sensitivity to central bank policy: NZD: Watch RBNZ’s Financial Stability Report and employment data (due this week) GBP: Bank of England rate decision and inflation letter also due this week USD & global risk appetite could influence sentiment, as Powell and Trump tensions gro
Short
by ultreosforex
GBPNZD Will Collapse! SELL! My dear followers, This is my opinion on the GBPNZD next move: The asset is approaching an important pivot point 2.2536 Bias - Bearish Safe Stop Loss - 2.2629 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 2.2332 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
GBP/NZD BEARS ARE STRONG HERE|SHORT Hello, Friends! Bearish trend on GBP/NZD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 2.209. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
GBP/NZD "Sterling vs Kiwi" Forex Bank Money Heist (Bullish)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 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 Bank Heist. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk ATR Line Zone. It's a Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉 Entry 📈 : "The heist is on! Wait for the Crossing previous high (2.25500) then make your move - Bullish profits await!" however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries. 📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs. Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊." 📍 Thief SL placed at the nearest/swing low level Using the 1H timeframe (2.24000) Day trade basis. 📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take. 🏴‍☠️Target 🎯: 2.28500 🧲Scalpers, take note 👀 : only scalp on the Long 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 💰. 💰💵💸GBP/NZD "Sterling vs Kiwi" Forex Bank Money Heist is currently experiencing a bullishness,., driven by several key factors. .☝☝☝ 📰🗞️Get & Read the Fundamental, Macro Economics, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets with overall score... go ahead to check 👉👉👉🔗🔗🔗 ⚠️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 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Long
by Thief_Trader
GBPNZD - Marco Trend Still Up!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈GBPNZD has been overall bullish from a macro perspective trading within the rising channels in blue and orange. Moreover, the green zone is a strong support, structure and demand. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower orange/blue trendlines acting non-horizontal support. 📚 As per my trading style: As #GBPNZD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TheSignalyst
4
Potentially bullish rise?GBP/NZD has reacted off the support level which is a pullback support and could rise from this level to our take profit. Entry: 2.2393 Why we like it: There is a pullback support level. Stop loss: 2.2190 Why we like it: There is a pullback support level. Take profit: 2.2722 Why we like it: There is a pullback resistance level that aligns with the 50% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
GBPNZD Will Go Higher From Support! 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 market is approaching a significant support area 2.241. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2.283 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. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBP/NZD Testing Channel Support Within UptrendIn the displayed daily chart of GBP/NZD, the price is forming a well-structured and clearly defined ascending channel. This channel is bounded by two thick lines, an upper resistance line and a lower support line, both of which have been tested multiple times by price movements. At the upper boundary, there have been three valid touches, each resulting in a significant downward reaction. Meanwhile, at the lower boundary, there have also been three strong touches, confirming the channel’s validity as the main path of the ongoing uptrend. In addition to the major channel, there is also a minor internal channel, indicated by dashed lines, showing price movement within a phase of consolidation or minor retracement inside the larger trend. The minor support line is currently being tested, signaling a critical area to determine the next directional move. At the moment, the price is hovering near the minor support and presents two possible scenarios moving forward. In the first scenario, the price could bounce from this minor support, continue strengthening toward the minor resistance, and potentially extend further toward the major resistance area around 2.36–2.38. In the second scenario, if selling pressure persists, the price may break below the minor support and continue falling toward the major support of the larger channel, located around 2.17–2.18, before eventually bouncing back upward. Overall, this price structure indicates that the primary trend remains bullish as long as the major support within the channel holds. However, in the short term, the market is in a consolidation phase with the risk of a deeper retracement. A confirmed bounce from support or a breakdown through the minor support will be key in determining the next move. The suggested approach is to wait for clear confirmation from price action before making any trading decisions.
Long
by DNP-FX
4
GBP/NZD Breakdown Imminent? Smart Money and Seasonality Say YES!🧠 1. Price Action & Technical Structure Price was firmly rejected from the monthly supply zone between 2.33 – 2.35, marked by strong bearish candles. A bounce occurred at the weekly demand between 2.20 – 2.22, where accumulation and a short-term reversal formed (dashed white arrow). Currently, price is trading near the lower bound of a compression range (2.22 – 2.26), sitting below a key intermediate resistance (dark teal zone). RSI is in the neutral-to-low zone, with no major divergence, leaving room for further downside. Technical Bias: Neutral to Bearish unless we get a weekly close above 2.26–2.27. 📊 2. COT Data GBP Asset Managers remain net short, though improving since January. Leveraged Money sharply reducing long exposure since early April → Institutional bullish sentiment weakening. NZD Asset Managers have been heavily short for over a year, but shorts are being reduced since February → slight sentiment recovery. Leveraged Money flat, with no clear long build-up yet. ➡️ Combined COT Outlook: The GBP's advantage over NZD is fading. This supports a sideways to slightly bearish outlook on GBP/NZD. 📅 3. Seasonality April: Historically bearish for GBP/NZD (–0.2971 avg.), aligning with current downward move. May: Also typically bearish (–0.2964 avg.) → suggesting potential continued weakness. ➡️ Seasonal Bias: Bearish through mid-to-late May. 🧠 4. Retail Sentiment Around 70% of retail traders are long GBP/NZD → classic contrarian bearish signal. Average long entry: 2.1800, current price: 2.2246 → many longs in profit. Potential for profit taking or breakeven pullback adds to bearish pressure. 📌 Trade Plan Summary Weekly Bias: → Bearish / Range-bound 📉 Short Zones of Interest: 2.26 – 2.27 → key resistance zone Stop above 2.2850 (H4/H1 close above invalidates setup) 🎯 Targets: 2.2050 → recent demand re-test 2.1850 / 2.1650 → deeper demand zones visible on chart 🧠 Invalidation Level: Daily close above 2.2850 → structure turns bullish
Short
by EdgeTradingJourney
1