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British Pound / New Zealand Dollar

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GBPNZD trade ideas

GBPNZD chart suggests a potential long (buy) setupThis GBPNZD chart suggests a **potential long (buy) setup**, but only **after confirmation** via a **break of structure**, as indicated. Here's a full breakdown of the bullish scenario: --- ### 🧠 **Multi-Timeframe Analysis Bias** * **Weekly: Bearish** * **Daily: Bearish** * **12H: Bullish** * **6H: Mixed (Bearish & Bullish)** * **4H: Bearish** * ✅ Overall: **60% Bearish Bias** — but short-term strength is visible. This means the trade is **counter-trend** on higher timeframes, but has potential due to **short-term structure shift**. --- ### 🧱 **Technical Structure – Inverse Head & Shoulders** * A **bullish reversal pattern** is forming: * **Left Shoulder**, **Head**, and **Right Shoulder** identified. * Entry is planned **only after a clear break of the neckline** (resistance zone), confirming bullish momentum. --- ### 📍 **Key Zones** * **Neckline / Resistance Zone**: \~2.2525–2.2565 — key level to break for confirmation. * **Entry** is anticipated after a **successful breakout** and **bullish retest**. * **Target**: Daily AOI around **2.2727–2.2739**. * **Stop Loss**: Below the right shoulder, \~2.2507 or lower. --- ### 🧰 **Indicators and Confluences** * Price is approaching both the **50 EMA** (blue) and **200 EMA** (red). * A **break above these EMAs and structure** would likely trigger momentum buying. * Right shoulder formed cleanly inside a **support zone**, providing a valid base for continuation. --- ### 💡 **Buy Trade Idea Summary** * **Wait for confirmation**: break above 2.2565 structure. * **Enter on retest** of broken neckline zone (blue arrows path). * **Target**: 2.2727–2.2739 (Daily AOI). * **Stop**: Below right shoulder (2.2500–2.2510). * **Risk/Reward**: Favorable based on projected move and structure.
Long
by andreabiondo13
GBPNZD: Potential Reversal From The Resistance Zone-updateGBPNZD: Potential Reversal From The Resistance Zone-update Based on our previous analysis, GBPNZD has retested 2.7000 and currently appears poised for a bearish movement. GBPNZD tested an area that was also tested earlier at the beginning of March 2025 From the chart, we can see that this zone has stopped the price several times on the past. The chances are that GBPNZD may start a bearish wave from the same zone again despite that the market has frozen for all instruments lately. The Geopolitical situation looks more stable, which can help all currencies regain direction. NZD is already oversold too much so it can take advantage of this moment. Key target areas: 2.2500; 2.2380 and 2.2280 You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading day Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KlejdiCuni
4
GBPNZD channel breakout buy possible from support📈GBPNZD Breakout Alert! The pair has officially broken out of the ascending channel and bounced from key support at 2.25100 — confirming bullish momentum on the 4H timeframe! 🎯 Technical Targets: 1️⃣ First Target: 2.27000 – major supply zone 2️⃣ Second Target: 2.28000 – next resistance/supply area This breakout setup is showing strong potential—watch price action near the targets and manage risk accordingly. 🧠 Trade smart. Stay sharp. 👇 Like, follow, and comment if you're riding this move! 📲 Join us for more real-time trade setups and updates. 🔥 Hashtags / Caption for “For You” strategy: #ForexBreakout #GBPNZD #PriceAction #4HSetup #SmartMoney #FXTrades #ForYou #foryoupage #fyptrading #forexsetup #liviasetups 😜
Long
by experttrader04
3
GBP/NZD BEST PLACE TO BUY FROM|LONG Hello, Friends! Bullish trend on GBP/NZD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 2.267. 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✅
Long
by EliteTradingSignals
1
GBP/NZD Potential Bullish Opportunity🔎 Weekly Overview: Price has respected a key weekly support zone for two consecutive weeks, forming a bullish pin bar followed by a solid bullish candle this week. This shows strong buyer interest from a higher timeframe level. 📉 Daily Chart Explanation: Daily structure has shifted to the upside. Price is now trading above both EMAs, signaling momentum strength. The internal bullish structure is building up with higher highs and higher lows. ⏱ 4H Chart Explanation: 4-hour chart confirms the bullish narrative with a clean structure of higher highs and higher lows. Price has also broken above previous resistance levels, turning them into support. 🧭 Plan: Bias: Bullish Entry: Look for a pullback to recent 4H support or dynamic support near 14EMA/50EMA Targets: Recent 4H swing high Next daily resistance zone Invalidation: Below the most recent 4H higher low or if price closes back below EMAs with strong bearish momentum 📚 Educational Note: Rejection pin bars at strong support levels followed by bullish continuation candles are high-probability reversal signals on weekly charts. When supported by bullish structure on lower timeframes, it builds a confluence that swing traders can capitalize on.
Long
by Amitrading
GBPNZD BUY TRADE PLAN🔥 Pair + Date: GBP/NZD – 28 June 2025 📋 Plan Overview Parameter Details Type Breakout Stop Order (Conditional Plan) Direction Buy Stop Status Conditional – Awaiting break of 2.2670 + confirmation R:R 3:1 Confidence ⭐⭐⭐⭐ (90%) upon confirmation 📈 Market Bias GBP/NZD is compressing within a H4 range with clear supply lid near 2.2670. Breakout above this level aligns with bullish D1/H4 structure and GBP macro resilience. 🔰 Confidence Factors HTF bias alignment (D1/H4 bullish structure) Clear range boundary breakout setup Confirmation required: H1 close + volume spike + no rejection wick Session filter: London/NY required 📍 Entry Zone (Trigger) Buy Stop: 2.2673 (2.2670 + 3 pip buffer) ❗ Stop Loss Reasoning SL: 2.2620 Placed below last breakout compression swing low, weighted by ATR volatility to guard against false breaks. 🎯 Take Profit Targets TP Price R:R Description TP1 2.2720 1.2:1 First liquidity shelf TP2 2.2780 3:1 H4 supply cluster TP3 2.2820 4.5:1 D1 swing high supply zone 🧠 Management Strategy SL to breakeven at TP1 50% partial at TP1 30% partial at TP2 Trail 20% for TP3 Full exit on H1 BOS against breakout ⚠ Entry Confirmation Conditions (Mandatory) H1 body close above 2.2670 H1 volume spike No immediate rejection wick on break Session: London/NY active ⏳ Validity H1 setup: 12–18h post-break confirmation ❌ Invalidation Price closes back under 2.2670 after break H1 BOS against breakout 🌐 Macro Snapshot GBP sentiment: +6 (risk-on tone, GBP stable) NZD: slight risk-on fade DXY: neutral sideways No immediate red flag data 📋 Final Trade Summary 👉 Buy Stop 2.2673 | SL 2.2625 | TP1 2.2720 | TP2 2.2780 | TP3 2.2820 👉 R:R minimum: 3:1 at TP2 👉 Status: Conditional – Awaiting break + confirm
Long
by jibkhan111
Potential GBP/NZD long trade setupOkay, let's delve into each of those aspects for this potential GBP/NZD long trade setup: Probability of This Setup Playing Out While bullish divergence within a descending wedge can be a strong indication of a potential reversal, it's crucial to remember that no trading setup has a 100% success rate. Here's a breakdown of factors that could influence the probability: Strength of the Divergence: The clearer and more pronounced the bullish divergence, the higher the potential probability. In your chart, the divergence looks reasonably clear, with the MACD making higher lows while the price makes lower lows. Breakout Confirmation: The probability increases significantly upon a confirmed breakout above the upper trendline of the descending wedge. A strong bullish candle closing above this line, ideally with increasing volume, would add confidence. Market Context: Consider the broader market environment. Are there any significant fundamental events (e.g., central bank announcements, economic data releases) related to either the British Pound or the New Zealand Dollar that could disrupt this technical pattern? Strong unexpected news could invalidate the setup. Timeframe Congruence: While you're looking at the 4-hour chart, checking higher timeframes (daily, weekly) can provide context on the overall trend. If the longer-term trend aligns with your bullish bias, it can increase the probability of success. Risk Sentiment: Overall market risk sentiment can also play a role. GBP/NZD can be sensitive to risk appetite. In summary: The setup has a decent probability due to the bullish divergence and the potential for a wedge breakout, but it's essential to wait for confirmation and be aware of the broader market context. Potential Entry Points There are a few potential entry points you could consider, each with its own risk and reward profile: Aggressive Entry: Entering immediately upon a strong bullish candle breaking and closing above the upper trendline of the descending wedge. This offers the potential for the best entry price but also carries a higher risk of a false breakout. Conservative Entry: Waiting for a breakout and then a successful retest of the broken upper trendline as support before entering. This can offer a lower-risk entry as it confirms that the previous resistance has now become support. However, the price might not always retest. Entry on Confirmation Signals: Looking for additional bullish confirmation signals on lower timeframes (e.g., 1-hour chart) after the initial breakout. This could include bullish candlestick patterns or further positive momentum on indicators. Recommendation: For a balance of potential reward and risk management, waiting for a confirmed breakout followed by potential confirmation on a lower timeframe might be a prudent approach. Risk Management Strategies Effective risk management is paramount for any trade. Here are some strategies you could employ: Stop-Loss Placement: already marked a potential stop-loss level below the recent swing low within the wedge. This is a logical placement as a break below this level could invalidate the bullish setup. Ensure your stop-loss is at a level that, if hit, would indicate the analysis was likely incorrect. Position Sizing: Only risk a small percentage of your trading capital on this trade (e.g., 1-2%). This will protect you from significant losses even if the trade goes against you. Calculate your position size based on the distance between your entry point and your stop-loss. Reward-to-Risk Ratio: Aim for a favorable reward-to-risk ratio. Your target levels (TRG 1, TRG 2, TRG 3) allow you to visualize potential profits. Ensure that the potential profit outweighs the potential loss before taking the trade. For example, if your stop-loss represents 20 pips of risk, aim for at least 40-60 pips of potential profit at your initial target (1:2 or 1:3 reward-to-risk). Trailing Stop-Loss: Once the trade moves into profit, consider using a trailing stop-loss to lock in gains and protect against a sudden reversal. Confirmation Signals You Might Look For Beyond the initial breakout, here are some additional signals that could strengthen your bullish conviction: Increased Volume: Higher trading volume during the breakout suggests strong buying pressure and increases the likelihood of the move being genuine. Bullish Candlestick Patterns: Formation of bullish candlestick patterns (e.g., bullish engulfing, morning star) after the breakout or during a potential retest can signal further buying interest. Moving Average Crossovers: If you use moving averages, look for bullish crossovers (e.g., the shorter-term moving average crossing above the longer-term moving average) after the breakout. MACD Crossover Above Zero: The MACD line crossing above the signal line and then moving above the zero line would indicate increasing bullish momentum. RSI Above 50: The Relative Strength Index (RSI) moving above the 50 level can confirm increasing bullish strength. How Fundamentals Might Impact This Technical Analysis While your analysis is primarily technical, it's crucial to be aware of how fundamental factors could influence GBP/NZD: Central Bank Policies: Monetary policy decisions and statements from the Bank of England (BoE) and the Reserve Bank of New Zealand (RBNZ) are major drivers for these currencies. Any unexpected hawkish or dovish signals could significantly impact the exchange rate. Economic Data: Key economic data releases from the UK (e.g., inflation, employment, GDP) and New Zealand (e.g., inflation, employment, trade balance) can lead to volatility and potentially override technical patterns. Global Risk Sentiment: As mentioned earlier, GBP/NZD can be influenced by global risk appetite. During times of risk aversion, safe-haven currencies might strengthen, potentially impacting this pair. Geopolitical Events: Unexpected geopolitical events can also introduce volatility and affect currency valuations. Recommendation: Before taking the trade, it's wise to check the economic calendar for any high-impact news releases scheduled for the British Pound and the New Zealand Dollar in the coming days. Be prepared for potential volatility around these events. Let me know if you have any more questions or would like to explore any of these points in more detail! i would love to hear back from you your thoughts on this pair
Long
by TONYMONTANA87