The Allure of GBPNZDSomeone once claimed money can’t buy happiness, but they clearly never met my portfolio. I mused, 'Happiness is just a shiny bar away plus a few extra puns for good measure!
NZDGBP trade ideas
Lingrid | GBPNZD potential UPWARD Breakout. LongThe price perfectly fulfilled my last idea . It hit the target zone. FX:GBPNZD price is making higher highs and higher closes, indicating that the market is in a bullish phase. Recently, it tested the previous resistance zone and then bounced back because the markets usually breaks through key levels on the third or fourth attempt. If the market rebounds from the support level, we can expect a continuation of the current bullish trend. Additionally, the market is forming an ABC pattern, suggesting that the price may reach the 2.3000 level in the near future. My goal is resistance zone around 2.29000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GBP/NZD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
GBP/NZD is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 2.264 level.
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GBPNZD SellNZD looking for a recovery after the huge drop after the tariff news, gbp gaining some strength but i feel like its going to be short lived in the coming days
GBPNZD BUY TRADE PLAN🔥 GBP/NZD TRADE PLAN
📅 Date: April 2, 2025
🔖 Plan Type: Main Swing Plan
📈 Bias & Trade Type: Bullish Reversal – D1 Discount Rejection
📌 Trade Idea: Buying into D1 pullback structure for continuation to weekly range high
📥 Entry Type: H4 Demand Zone + Liquidity Sweep + FVG Alignment
🔰 Confidence Level: ⭐⭐⭐⭐ (80%)
Reasons / Confluences:
– D1 strong bullish BOS structure still intact
– Pullback into clean H4 OB zone + unfilled FVG
– 1H wick rejection & MACD weakening bear momentum
– Volume compression near discount zone
– NZD softening + GBP stable = sentiment favoring GBP
📌 Status: Waiting for clean LTF confirmation inside zone (1st touch pending)
📍 Entry Zones:
Primary Buy Zone: 2.2575 – 2.2605
(Refined H4 OB with liquidity pocket and imbalance overlap)
Secondary Buy Zone: 2.2520 – 2.2540
(Deeper sweep zone below intraday liquidity; last defense)
❗ Stop Loss:
SL: 2.2470 (Below OB, last liquidity wick, and invalidation structure)
🎯 Take Profit Targets:
TP1: 2.2720 🥉 (Last minor swing high)
TP2: 2.2805 🥈 (Equal highs + H4 inefficiency)
TP3: 2.2890 🏆 (D1 supply zone & range high)
📏 Risk:Reward: Minimum R:R = 1:3.1
🧠 MANAGEMENT STRATEGY:
– Risk 1%–2% depending on account type
– Once TP1 hits → move SL to BE
– Secure partials at TP2
– Let runner target TP3 with trailing SL above structure lows
– Re-entry only allowed on fresh confirmation post TP1
⚠️ Confirmation Criteria:
– H1 bullish engulfing or pin bar inside entry zone
– Volume uptick on entry candle close
– Preferably during London or NY session
– Bonus: M15–M30 divergence or inducement confirmation
⏳ Trade Validity:
Valid for 2–4 days (HTF swing structure – moderate cycle)
❌ Invalidate if price closes below 2.2470 or H4 BOS to downside
🌐 Fundamentals & Sentiment Confluence:
✅ COT shows GBP neutral-to-positive flow
✅ NZD weakness driven by soft dairy exports + RBNZ dovish tone
✅ Global sentiment = neutral to mild risk-on, favoring GBP cyclical strength
✅ No major red news for either currency in next 24h = ideal execution window
📋 Final Summary:
Looking to buy GBPNZD on a retracement into refined demand zone between 2.2575–2.2605, aligned with D1 bullish structure and H4 rejection confluence. Tight institutional structure, optimal risk curve, and clean invalidation zone. Confirmation required – DO NOT ENTER EARLY. This is a controlled swing entry with >1:3 R:R potential.
GBPNZD Approaching Key Resistance ZoneGBPNZD Approaching Key Resistance Zone
The 4-hour chart shows that GBPNZD is forming a large megaphone pattern. This pattern's resistance line could trigger selling pressure, leading to a potential price drop from the current zone.
Keep an eye out for signs of a reversal and watch the support levels where the price might react. Key areas to monitor: 2.2670, 2.2560, 2.2445, and 2.2200.
PS: Be careful as this is a counter trend trade. Very risky overall
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.
GBPNZD Will Grow! Long!
Here is our detailed technical review for GBPNZD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 2.253.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2.277 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.
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GBP/NZD 1-HRGBPNZD Approaching Key Resistance: A Closer Look at the Megaphone Pattern and Potential Reversal Zones
The current price action of GBPNZD on the 1-hour chart reveals the formation of a prominent megaphone pattern, a significant technical formation characterized by fluctuating price swings and widening ranges. This pattern, which often indicates increased market volatility and uncertainty, is an important signal to watch as it nears the upper resistance zone. Understanding the intricacies of this pattern and the key levels that are in play can provide valuable insights for traders seeking to capitalize on the upcoming potential price movements.
What is the Megaphone Pattern?
A megaphone pattern, also known as an expanding triangle or broadening formation, is typically seen when the price creates higher highs and lower lows. This type of formation suggests that market participants are uncertain, leading to erratic price swings. The pattern often serves as a warning of increased volatility and potential reversals, which is exactly what we may be witnessing with GBPNZD.
As the price moves toward the upper boundary of the megaphone formation, it’s essential to recognize that this resistance line represents a crucial point for potential market exhaustion. Typically, price reactions around this zone can lead to significant retracements or reversals. This creates an opportunity for traders to anticipate potential short positions or to watch for signs of reversal before making their move.
Key Resistance Levels and Potential Reversal
The current price is fast approaching the upper resistance line of the megaphone pattern, which has proven to be a critical zone where selling pressure could build up. If the market fails to break above this resistance, we could see a shift in momentum, where sellers step in, pushing the price lower. This could be triggered by a number of factors such as exhaustion of buying pressure, a failure to sustain higher prices, or the onset of bearish sentiment in the broader market.
Here are the key resistance and support zones to monitor carefully:
Resistance Zone (Key Upper Boundary of Megaphone Pattern):
This is the critical level where the price may encounter substantial selling pressure. A failure to break above this resistance could lead to a swift reversal. Watch for candlestick patterns like bearish engulfing, shooting stars, or evening stars, which could indicate that the market is ready to turn.
Support Zones:
Should the price fail to breach the resistance level, it's crucial to keep a close eye on the support areas where the market could react and potentially reverse upward. These levels include:
2.2670: A strong support area where the price has historically shown signs of consolidation and upward movement. If the price retraces to this level, we may see a bounce, especially if it coincides with other technical indicators such as RSI or MACD signaling oversold conditions.
2.2560: This level represents another potential support zone where previous price action has indicated short-term reversals. If the market consolidates around this level, it could provide the foundation for a potential bullish reaction.
2.2445: As we move further down, this level represents a deeper support zone. A price drop to this point could trigger more significant buying interest, especially if the broader market sentiment remains favorable for the pair.
2.2200: This is one of the most critical support levels to watch. A price move toward this zone would suggest a strong bearish trend, and if it holds, it could lead to a more substantial price correction or the continuation of a downtrend.
What to Look For: Signs of a Reversal
When approaching key resistance levels such as the upper boundary of the megaphone pattern, it’s important to watch for signs of a reversal. These may include:
Candlestick Patterns: Reversal candlestick formations such as doji, shooting star, or bearish engulfing patterns around the resistance level could signal that the market is losing momentum and that sellers may step in.
Volume Indicators: A decrease in volume at the upper boundary or increased volume on bearish candles could provide additional confirmation of a potential reversal. A sudden surge in volume after a failed breakout could signify that the price is ready to move lower.
Momentum Indicators: Tools such as the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), or Stochastic Oscillator could also help identify overbought conditions or divergences, suggesting that a reversal may be imminent.
The Bigger Picture
Traders need to consider both the short-term and long-term outlook when analyzing GBPNZD. On a broader scale, the megaphone pattern may indicate a market that is in a state of indecision, but as the price moves toward key levels, the likelihood of a major price shift increases. A breakout above the upper resistance would suggest continued strength for the bullish trend, while a failure to break above and a subsequent price rejection could set the stage for a bearish move down to the key support levels outlined.
Conclusion
In summary, GBPNZD is at a pivotal moment. The formation of the megaphone pattern is signaling increased volatility, with the price nearing key resistance levels. Traders should remain vigilant, monitoring the price action closely around these levels, looking for signs of reversal or confirmation of a breakout. The key support levels at 2.2670, 2.2560, 2.2445, and 2.2200 should be watched carefully, as they will likely play a significant role in the upcoming price movements. By staying informed of these levels and patterns, traders can position themselves effectively for potential price shifts in the near future.
GN UpdateThe GBP/NZD pair is expected to rise from its current levels
If it breaks this resistance, further gains to are possible but would require stronger momentum.
GBPNZA BUYINGOANDA:GBPNZD buying possible
reason is weakly support reject
1 day consoltaion
4hr conformation
Sell gbpnzdStrong sell expected this month
Weekly and monthly too overbought pair
Monthly sell levels
GBPNZD BULLISH TREND CONTINUES Price recently broke out of the symmetrical triangle pattern after bouncing off the pullback support level of 2.23463 we might continue to experience more bullish price movement from the current high.
sell position on GBPNZDpair is reacting to trendline and is probable to go heading south
according to price action pattern we are entering short with reward to risk ratio of 4
RR=4
let's see market reaction
GBP/NZD For Bullishwait for pull-back near by entry point and then go long
general trend is up trend
have fun :)
gbpnzd sell signal
. Don't forget about stop-loss.
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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 SELL?4H timeframe break of structure...with a strong supply order lock....looking like a premium area to short GBP NZD?
Clean breakDouble top confirmed. the pair is bouncing up to test the broken support (dead cat). Not sure if it will make it all the way up the broken support zone, it might start dropping now. SL triggers if a daily candle closes above the broken support now resistance area.
