GBPNZD trade ideas
GBPNZD Elliotwaves update: Are Bears still on control?We have been on this in the past two weeks and now we can see clear signs of bears controlling the price. We had a triangle correction completed and made an impulsive wave to the downside which confirmed our bias. Now are are on the first wave of wave 3 and we should anticipate momentum to the downside to increase. To take advantage of the drop one should find areas where price might find resistance and other confluences like Fibonacci to take a trade.
GBPNZD What Next? BUY!
My dear friends,
My technical analysis for GBPNZDis below:
The market is trading on 2.2457 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.2547
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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
GBPNZD – Waiting for Price to Reach the ZoneWe’re currently waiting for price to reach our key level.
Once it does, and we see a valid buy signal, we’ll enter a long position.
🔄 All scenarios remain active.
Those who follow my analyses regularly already know the flow —
so no need to repeat the full breakdown.
As always, we don’t predict – we react to price.
We’re not here to guess what the market will do,
we’re here to manage our risk and trade what we see.
GBPNZD SHORT (swing idea)This is a very good short trade setup. The price is trading below the Ichimoku cloud, as well as the 50-day and 100-day moving averages. The bearish momentum is confirmed by the downward trendline, the MACD being below zero (indicating bearish sentiment), and the RSI, which is also below 50.
GBP/NZD – Bearish Continuation Setup in Play
🔹 2H Chart Analysis by PULSETRADESFX
The recent structure break on GBP/NZD confirms bearish momentum, with price decisively rejecting the prior bullish channel (marked in yellow). After retesting the broken support zone (now acting as resistance), a clean supply zone formed around 2.25156 – 2.25677, where price has started to stall.
📌 Trade Setup:
Entry: 2.24902
SL: 2.25677 (Above supply)
TP: 2.24189 (Next demand zone)
This aligns with the overall trend shift as buyers failed to hold the previous structure. Expecting further downside toward the next demand zone unless bulls reclaim above 2.25677 with strong momentum.
---
✅ Confluence Highlights:
Break and retest of bullish channel
Supply zone confirmation
Bearish engulfing structure at resistance
Favorable risk-to-reward setup
📅 July 11, 2025
📊 Executed on: TradingView | OANDA Feed
#GBPNZD #Forex #PriceAction #SupplyDemand #BearishSetup #TradingView
↓ Low Risk ↑ High Reward on GBPNZDGBPNZD looks like a solid setup for a move to the upside. Price is currently sitting right on the 4H 50MA, and the 1H 200MA is also aligned at the exact same level, giving this zone even more weight. Our stop loss is tight, risking just a 1:1 minimum, so the downside is limited. On top of that, the Fib is drawn from the bottom to the top and the 0.5 level lines up perfectly with this area, which adds another layer of confidence. If this zone holds, there’s a good chance we’ll see price continue pushing up.
GBPNZD | Potential Buy opportunityHey Traders!
We’re taking a shot on GBPNZD — it looks like a solid setup for a move to the upside. Price is currently sitting right on the 4H 50MA, and the 1H 200MA is also aligned at the exact same level, giving this zone even more weight. Our stop loss is tight, risking just a 1:1 minimum, so the downside is limited. On top of that, the Fib is drawn from top to bottom and the 0.5 level lines up perfectly with this area, which adds another layer of confidence. If this zone holds, there’s a good chance we’ll see price continue pushing up.
GBPNZD Set To Fall! SELL!
My dear subscribers,
This is my opinion on the GBPNZD next move:
The instrument tests an important psychological level 2.2694
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2.2568
My Stop Loss - 2.2759
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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
GBPNZD A Fall Expected! SELL!
My dear subscribers,
This is my opinion on the GBPNZD next move:
The instrument tests an important psychological level 2.2683
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2.2655
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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
GBPNZD SHORT Market structure bearish at AOi DW
Entry at Weekly and Daily AOi
Weekly Rejection at AOi
Previous Structure point Weekly
Daily Rejection at AOi
Previous Daily Structure Point at AOi
Around Psychological Level 2.26000
H4 Candlestick rejection
Levels 5.14
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
GBPNZD Will Go Up! Long!
Here is our detailed technical review for GBPNZD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 2.264.
The above observations make me that the market will inevitably achieve 2.285 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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!