GBPNZD next possible moveWe are waiting for our asset to reach our action zone, and based on the reaction, we’ll decide on our next moves.ALWAYS WAIT FOR A CONFIRMATION TO SEE IF THE PRICE VALIDATES THE ZONE.
Gbpnzdforecast
#GBPNZD 1DAYGBPNZD Daily Analysis
The GBPNZD pair is trading within a defined channel on the daily chart and has recently formed a bearish engulfing pattern near the channel's resistance. This combination signals potential downside pressure, creating a favorable setup for a sell position.
Technical Outlook:
- Pattern: Channel with Bearish Engulfing at Resistance
- Forecast: Bearish (Sell Opportunity)
- Entry Strategy: Sell near the resistance area or at confirmation of the bearish engulfing pattern
Traders may consider selling near the channel's upper boundary or after confirming the bearish engulfing pattern. Indicators like RSI indicating overbought levels or MACD confirming bearish momentum can further validate this setup for a stronger sell entry.
Scenario GBPNZDFrom the higher timeframe we see a double peak where the last second peak is made up of two parts which are another double peak at the end, which is a strong short signal for me
GBPNZD Moving to 2.10 -Great Bearish Trade, Great ROIMorning Trading Family
GBPNZD is setting up for a clean bearish move toward 2.10. If it holds below the recent level, this could be a great trade with solid ROI. Keep it simple—manage risk by placing your stop above the latest high and let the trade play out
Mindbloome Trading
Trade What You See
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
GBPNZD - Long from bullish OB !! Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. My point of interest is price to fill the imbalance lower and then to reject from bullish OB + level 2.14000.
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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
gbpnzd analysis elliot buy. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPNZD - Short from LZ !! Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled and rejection from trendline + LZ.
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Bearish move correctionAfter hitting 1:5 target and securing 150 pips from the one directional bearish movement, price started to consolidate indicating loss of bearish momentum before mitigating the 4h order block. From this order block we have cleared the swing high for displacement, now we are looking for bullish opportunities because price is expected to hike in order to correct the one directional bearish movement. Anticipating a minor pullback slightly below the imbalance for a bullish entry. The ideal entry level is at 2.11400 because a sweep is expected, risking 30 pips with stop loss at 2.11100 which is below the low at 2.11204 and targeting 150 pips at price 2.12900 which resonates order block that lies between levels 2.12800 and 2.13000...
Higher timeframe resistancePrice mitigated the internal daily supply zone, which is now acting as the highest timeframe resistance. After the mitigation a retracement occurred in a corrective manner to give us a contraction before the volatile move that cleared the swing low at 2.12600. With the swing low being cleared, we have a shift and price has already triggered the breaker block as indicated. We now was liquidity generated about, looking for the liquidity to be swept and the order block to be respected for a clean bearish entry at 2.13200. The stop is 30 pips which is at 2.13500 and the target is 2.11700 which is a total of 150 pips, the anticipation is a 1:5 trade…
British Pound / New Zealand Dollar Hey traders
We have GBP / NZD lined up nicely, this area hasn't been touched since 2020 and the time before that was 2016, my confluences are all saying this is going to drop, but like anything in trading we all know this is probability, so use good risk management.
Please like comment and follow cheers
This chart material is for education purposes only / Demo account should be traded only
Entry 2.18836
Sl 2.20600
Tp 2.01800
GBPNZD Risky Long! GBP-NZD is trading in an
Uptrend and the pair broke
The falling resistance
Which is now a support
Then it will retest and
Is going up again so I think
That we will see a further move up!
GBPNZD - Looking To Buy Pullbacks In The Short TermH1 - Bullish trend pattern
Currently it looks like a pullback is happening
Until the strong support zone holds my short term view remains bullish here.
GBPNZD Weekly Analysis and OutlookGBPNZD Weekly Analysis and Outlook
This week, the GBPNZD pair appears to be gearing up for a continuation of its uptrend, following a brief downward correction on the hourly timeframe. This pullback seems to have provided the necessary consolidation, positioning the pair for a renewed upward movement.
Current Market Overview :
After experiencing a short-term downward trend, the GBPNZD pair found support at a key level, halting the decline and suggesting the potential for a reversal back into its broader uptrend. The correction allowed the pair to cool off from recent highs, and the current market conditions indicate a readiness to resume the upward trajectory. As the pair begins to recover, traders should watch for a break above near-term resistance levels, which would confirm the resumption of the uptrend.
Expectations and Potential Scenarios:
Given the recent stabilization, we expect the GBPNZD to continue its upward movement in the coming sessions. The pair's ability to maintain support during the pullback suggests that the overall bullish structure remains intact, providing a strong foundation for further gains.
Primary Expectation:
If the pair successfully breaks above the immediate resistance following this correction, it is likely to continue climbing towards higher resistance levels. This scenario would validate the uptrend and offer favorable conditions for long positions.
Alternative Scenario:
However, if the price struggles to break through the resistance and encounters renewed selling pressure, we may see another brief pullback. Traders should consider this possibility, as it could present additional opportunities to enter the market at more attractive levels before the uptrend resumes.
Conclusion:
In summary, the GBPNZD pair is poised to continue its upward trend after a short-term correction on the hourly timeframe. Traders should focus on the upcoming resistance levels as potential catalysts for renewed bullish momentum. By staying alert to both bullish and corrective scenarios, you can effectively navigate the market and adjust your strategies as needed.
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GBPNZD Short Term Buy IdeaH4 - Bullish trend pattern followed by a pullback
Price respected a strong support zone and bouncing higher
Until this strong support zone holds my short term view remains bullish here.
GBPNZD I Technical forecast and trading plan 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 - Long from bullish order block !!Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 2.15000.
Fundamental news: Tomorrow (GMT+3) we will see result of Interest Rate on GBP, news with high impact on currency.
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GBPNZD ... 2 entery for position Hello dear forex trade
This price action for GBPNZD
I sell in two steps...
the first is with the confirmation of the candlestick pattern on the lower time frame... for the second sale, I wait for a new HH after it is rejected, I enter another sell step... this setup is a combination of rtm price aaction and Fibonacci
Good luck
mehdi
GBPNZD Short From Resistance!GBP-NZD went up and
The pair is locally overbought
So as it is approaching
A horizontal resistance
Of 2.14941 from where
We will be expecting a
Local bearish correction !
GBNZD I Potential short from top of channel 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.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBPNZD Technical Analysis anda Trade Idea The GBPNZD has experienced a strong rally on the back of RBNZ data release being fairly dovish today. This has resulted in NZD to weaken somewhat offering a potential buy opportunity. This rally has overextended and I'm looking for an entry point on a pullback down into the 61.8% Fibonacci retracement level. In the video we talk about the trend market structure, price action and I attempt to simplify some ideas to help people who are new to trading understand how the markets work. This analysis is for educational purposes only and not to be construed as financial advice.
