Gbpnzdanalysis
DeGRAM | GBPNZD market overbought and decelerationGBPNZD broke out of the ascending channel and moved higher to the resistance level.
There's a nice confluence zone to short at the resistance level and a bearish harmonic pattern.
We expect a false breakout of the previous high and a move down.
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GBPNZD - Long from discount zone ✅Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.99000.
Fundamental analysis: Next week we have news on GBP, on Thursday will be released Interest Rate supported by Bailey speech. The rate is forecasted to increase, this means strength in currency which can support our analysis.
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DeGRAM | GBPNZD trend continuation opportunityGBPNZD is moving in the ascending channel and making higher highs.
The market broke and closed above strong resistance that became support.
Following a bullish move, if price pulls back to the kill zone and fibo cluster, we expect a retest of the resistance level .
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GBPNZD : Short Trade ,4hHello traders, we want to check the GBPNZD chart in the 4-hour time frame. The price is moving in an ascending channel and has reached a strong resistance level as well as the ceiling of the ascending channel. We expect this level to stop the upward trend of the price and cause the price to fall. Until the targets are determined. Good luck.
GBPNZD sell Entry : 2.03140
Stop : 2.05480 , Target1 : 2.00780 , Target2 : 1.98450
Risk/Reward Ratio : 2
GBPNZD Long 30m TFDouble bottom on the 30m tf and the 1H tf.
Two possible entries:
1) 30M TF: Price retests support before pushing to the upside.
Indicator: RSI to test the MA then push to the upside.
2) 1H TF: Double bottom on the 30 min tf & 1 hr tf. Let's see if price will break resistance to the upside and turn it to support. I'd expect a bullish run if that happens.
Indicators: RSI: RSI tested MA and might push to the upside.
MACD: EMA crossover to the upside.
GBPNZD - Expect retracement ✅Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking longs, but for now I expect a retracement to till the imbalances lower. As well we have a normal divergence which indicates bearish price action.
Fundamental analysis: Wednesday on 5th of April will be released Official Cash Rate on NZD, which was forecasted to increase by 0.25%, this means strength in currency which could support our move.
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GBPNZD AnalysisPrice of GBP nzd has been making a tighter range highs latest.
with over all fundamental situation on the horizon , i am expecting it to fall to lower support of 1.9541
sell entry : 1.98
SL - 1.9921
tp : 1.9540
interst rates of Nzd is 4.75 and GBP is 4.25 which favours bais.
infaltion is higher in britain around 10 percent with lower GDP q/q which also favours longs on NZD.
best of luck
DeGRAM | GBPNZD triangle breakoutGBPNZD broke and closed below the consolidation zone, then retested it. Price action printed a bearish tweezer top candlestick formation.
The market has tested the support level multiple times before, and there is a high chance that level is going to be broken.
We expect breakout of the support.
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DeGRAM | GBPNZD false breakoutGBPNZD broke and closed below the resistance level at 1.96600 and pulled back to the consolidation zone.
The market created a false breakout of the resistance level. There's a nice confluence zone to short at the resistance level .
We expect a pullback from the resistance if price makes another false breakout of the resistance.
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GBPNZD SELLHello trader last analysis for the Day so let’s Set Our Eyes on GBPNZD We are Currently taking A sell based on we are Currently on a Support and Resistance Level price failed to break our Resistance zone and also we end up having A trend line breakout and a Successfully retest back to trend, so to keep everything as Educationally as possible When trading technically we understand that use of S&R support and Resistance failed to break Our R zone We expect price to fall back to our support. We Sell immediately the market open, remember proper risk management. Drop your comments on What you think about this trade thank you.
GBPNZD - Long active ✅Hello traders!
‼️ This is my perspective of GBPNZD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective as price forms higher highs and higher lows, so I am looking for longs. I expect bullish price action from this zone as price rejected from bullish order block + institutional big figure 1.94000.
Fundamental analysis: On Thursday 23rd of March we have news events on GBP. Bank of England planned to raise interest rate by 0,25% supported by a Press Conference. The raise of interest rate means strength of currency which could support our bullish price action.
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GBPNZD - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective of GBPNZD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. If price makes a retracement and fills the imbalance lower I will look to open a long position from bullish order block + institutional big figure 1.94000.
‼️Attention!!! Due to the fact that we have news events on GBP & NZD on Tuesday and Wednesday, the analysis can be invalidated.
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