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Gbpnzdshort

GBP/NZD in my opinionHello guys! Again Vugar here. By following GBP/AUD, I decided to write some sentences about it. Already, we see that it created flat channel or something like it. Channel upper level is 1.93550, bottom line is 1.90867. The is most important is its median. Median is parallel line among trend channel. In GBP/NZD, median is 1.92480 approximately. What can we wait for? Price now is 1.9213. This is too closer to median. In this case, have one decision: - put SELL STOP at 1.92000! TP 1.91328 SL 1.92700 If we will have a chance (a little) then we will be successful in the end of day! Good luck!
Short
by Forexcues
Selling GBPNZD into current swing high.GBPNZD - 20h expiry - We look to Sell at 1.9279 (stop at 1.9361) Our short term bias remains negative. The 50% Fibonacci retracement is located at 1.9275 from 28/11/2022 to 01/12/2022. Bespoke resistance is located at 1.9282. Preferred trade is to sell into rallies. Our profit targets will be 1.9095 and 1.9000 Resistance: 1.9250 / 1.9275 / 1.9282 Support: 1.9165 / 1.9094 / 1.9000 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Short
by Saxo
20 Reason for sell GBPNZD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: multi years double bottom 2 📆Monthly: market make lower high even protect their last low during September's volatile moves 3: 📅Weekly: protect the previous high and after it, formate a clear inverted flag that indicates the down move will continue till you grab 50% of the wick liquidity 4: 🕛Daily: a side or range bond market 😇7 Dimension analysis 🟢 analysis time frame: daily 5: 1 Price Structure: bear 6: 2 Pattern Candle Chart: down base down 7: 3 Volume: Average 8: 4 Momentum UNCONVENTIONAL Rsi: favor in bear 9: 5 Volatility measure Bollinger bands: after a tight squeeze downside bear walking on the band formation 10: 6 Strength ADX: the bear is in power 11: 7 Sentiment ROC: GBP is weaker then NZD ✔️ Entry Time Frame: H4 12: Entry TF Structure: bear 13: entry move: impulse 14: Support resistance base: 20 ma resistance 15: FIB: trigger event done ☑️ final comments: sell 16: 💡decision: sell at open high 17: 🚀Entry: 1.9100 18: ✋Stop losel: 1.9280 19: 🎯Take profit: 1.8575 20: 😊Risk to reward Ratio: 1:5 🕛 Excepted Duration: 5 days
Short
by Optimum369
Fading into GBPNZD breakdown.GBPNZD - 23h expiry - We look to Sell a break of 1.9128 (stop at 1.9245) Selling pressure dominated price action yesterday and we expect this to continue today. Previous support located at 1.9128. Short term bias is bearish. Further downside is expected, however, due to the strong support below we prefer to sell a break of 1.9128, which will confirm the bearish sentiment. Our profit targets will be 1.8830 and 1.8705 Resistance: 1.9305 / 1.9675 / 2.0105 Support: 1.9075 / 1.8890 / 1.8705 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
GBPNZD seems bearish to 1.8267 with a warningInverse Cup and Handle has formed on daily with not a great handle (but a Bear Rectangle) MAs all clustered which signals indecision with which direction it wants to go. There is clearly strong momentum to the downside and so the target is 1.8267 With the current tax issues in the UK since Liz Truss and the failing economy, investors are more wary with the pound and the direction on where it's going. The aftermath is showing more downside to come. Bearish bias
Short
by Timonrosso
GBPNZD: Watching for BEARISH Trend Continuation Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the GBPNZD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: In HTF, the market recently broke the previous swing high, and at that time, considering the bullish momentum, many traders were looking for a buy position. However, as you can see on the chart, the market formed a head and shoulders pattern just above the resistance level, dropping sharply to the downside, a clear shift of momentum. Since a couple a weeks ago, this market as been consolidating and it may be ready soon for a trend continuation if the bearish momentum will stay intact! When, where and why would we step into the market? Considering the actual bearish momentum in HTF, we would only be looking for day/swing trading short positions, if market will confirm the end of the consolidation by a breakout and further continuation, targeting the next swing low at about 1.88000. In the scenario of breakout to the upside or no breakout at all, no action will be taken on here! If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
9
GBPNZD should head down during the week of 21 Nov.GBPNZD is consolidating in a channel structure. When such PA develops at the bottom of a bearish move, IMO the breakout will be in the same direction as the preceding trend. Traders also know this as the "bear flag". I will be looking to take a short around the 1.9590 region, if we get a move to that area followed by some bearish PA on a lower time frame. Always use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content. What do you think about this trade idea? Please comment and share your thoughts!!
Short
by Trading_Vista
GBPNZD: Will The Price Face Resistance Near 1.9550?GBPNZD: Will The Price Face Resistance Near 1.9550? GBPNZD: Will The Price Face Resistance Near 1.9550? The price has started to correct as expected a few days ago, the bearish move should be very close. I expected the price to go up a bit more before the next bearish move, but anything can happen. Target and also support areas 1.9200 and 1.8850 Targets: 🎯 1.92084 🎯 1.88502 Thank you and Good Luck! Previous Analysis Number_1: Previous Analysis Number_2:
Short
by KlejdiCuni
5