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New Zealand Dollar/British Pound

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NZDGBP trade ideas

GBPNZD Analysis | Bullish Breakout in Play?📈 GBP/NZD Analysis – Bullish Breakout in Play? Overview: The GBP/NZD pair has broken above a long-standing bearish trendline and is currently retesting a key support level near 2.24085. This level has acted as a solid base after the price exited the previous range zone. Technical Highlights: ✅ Bearish Trendline Breakout – The downtrend has been breached, indicating potential bullish momentum. ✅ Support Holding Strong – 2.24085 has been respected multiple times, reinforcing its importance. ✅ Higher Lows Formation – Price is forming a structure of higher lows, confirming bullish bias. Next Resistance Target: 2.27683 Potential Scenarios: Bullish continuation towards resistance with a breakout above 2.2600. Possible pullback to trendline or support before resuming uptrend. Trade Idea (Not Financial Advice): Look for long entries on bullish confirmation above the trendline or on a pullback to support. Set TP around 2.2750 – 2.2780 zone. Risk Management: Always use stop-loss and proper risk-to-reward ratio. 💬 What do you think? Are we heading to 2.2768 or will the support get retested again? #GBPNZD #ForexAnalysis #TradingView #BreakoutTrade #PriceAction
Long
by James-Pipstr
GBPNZD Important Resistance and SupportThe pair is heading towards the resistance at 2.363, which has not been tested by the sellers, so there are still many sellers waiting in this area. The uptrend could extend to 2.276, the highest peak of last month. If the resistance at 2.263 cannot be broken, then 2.238 is the sideway border of the pair, which helps support the price increase. When it breaks out, it confirms a reversal to the downtrend. The price reaction zone can be noted around 2.229 before touching the strong support zone at 2.220. Support: 2.238, 2.229, 2.220 Resistance: 2.263, 2.276
by VHT_Trader
GBPNZD What Next? BUY! My dear followers, This is my opinion on the GBPNZD next move: The asset is approaching an important pivot point 2.2338 Bias - Bullish Safe Stop Loss - 2.2269 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 2.2459 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. 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
Long
by AnabelSignals
1
GBP/NZD | Potential Upward Movement💡 Buy Market Order @ 2.24182 🎯 Target Profit 2.26965 🛑 Stop Loss 2.22791 ❌ Do not risk more than 1% of your account on each trade Description: GBP/NZD has reacted to a strong demand zone and the market has swept swing lows under the 2.2343 mark. Now the price is reacting to the bullish order block and we expect a move higher all the way higher toward the equal highs at 2.26842 level. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “PriceActionDesk” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️ ------------------------------------------------------------------------------------- 🙂 Good Luck!
by PriceActionDesk