NZDGBP trade ideas
GBPNZD Trading Opportunity! SELL!
My dear followers,
I analysed this chart on GBPNZD and concluded the following:
The market is trading on 2.2456 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2.2377
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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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WISH YOU ALL LUCK
GBPNZD Buy on support channelSetup:
Buy at upward channel support 2.22630
Enter on bullish daily candle confirmation at support
uptrend still intact
Entry/Exit:
Entry: When price bounces from channel support
Stop Loss: 80-100 pips below channel support
TP1: Mid-channel 2.26668
TP2: Upper channel 2.30342
GBP/NZD SHORT FROM RESISTANCE
Hello, Friends!
GBP/NZD is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of 2.228.
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GBPNZD: Support Rebound! Target 2.26 on the Horizon? The weekly chart of GBPNZD shows a consolidation phase following a strong bearish impulse. The price has reacted positively from the support area around 2.2200, forming a significant bullish candle that could indicate a rebound towards the resistance area at 2.2600. The positive momentum suggests a possible test of the intermediate resistance at 2.2500, with the RSI gradually rising from an oversold zone.
Fundamental Analysis
According to the COT data updated as of April 29, 2025, we observe an increase in long positions on GBP by institutional traders, with an increment of +10,665 contracts. On the other hand, commercial traders (hedgers) continue to maintain a significant short exposure on GBP. This imbalance may suggest a potential short-term speculative interest in a bullish GBP move.
Regarding NZD, the latest COT report shows a significant increase in commercial long positions (+3,884 contracts), indicating a strengthening of the New Zealand dollar. However, the overall market sentiment shows a prevalence of short positions on GBPNZD (59% short vs. 41% long), suggesting that retail traders might be on the wrong side of the market.
Seasonal Analysis
Historically, in May, GBP tends to show weakness (-0.0076 over the last 20 years), while NZD does not show a clear seasonal pattern. This could reduce the likelihood of a decisive GBP movement during this month.
Operational Strategy
The rebound from 2.2200 could favor the opening of long positions with the first target at 2.2500 and the second target at 2.2600. The stop loss could be placed below the key support at 2.2100. In case of a resistance breakout, an extension towards the 2.2700 area would be plausible.
gbpnzd buy 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
Long GBPNZD - good setup but better to wait for news later todayA resistance area that turns into support usually creates high probability trades and that is what I see here. But we have NZD employment data release later today. I will stay patient and await the effect of that news release. You never know we could get this opportunity to go long even at that time.
This is not a trade recommendation; it’s merely my own analysis. Trading carries a high level of risk, so only trade with money you can afford to lose and carefully manage your capital and risk. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!!
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GBPNZD: Expecting Bullish Movement! Here is Why:
Balance of buyers and sellers on the GBPNZD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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GBPNZD At a important pointAccording to the GBPNZD situation it's a important price. because :
1. The waves shows that the slop of bearish legs is increasing and the time of bullish legs is increasing too. these two contradict each other.
2. we have a bullish trend line and a support level (2.20911 -2.21792) at
the daily timeframe that price can revers there.
3. also we had a strong bearish movement. and above price is a resistance level (2.23268) too.
these all shows that we should have two scenarios :
1. after a good candlestick on the support level (2.20911 -2.21792) and trendline and break the resistance level (2.23268) in daily or 4H timeframe we can buy.
2. after breaking the support level (2.20911 -2.21792) and the trendline with a strong bearish candle at daily or 4H timeframe we can sell.
the targets of both scenarios is evident.
after the scenarios happen i will update the analysis.
It's just my personal analysis and I have no responsibility for your trades. thanks for your attention.
GBPNZD Bias: Bullish on support confirmationPrice has now completed the deeper pullback to 2.22091, which was our lower-level support target. On the 4H chart, price is beginning to form support here, suggesting potential upside continuation.
If this level holds, I’ll be looking for staged buys from:
2.22091 (current support area)
2.23958 (previous key support/structure break)
2.24775 (resistance flip and clean structure)
Intraday target:
2.26228 — around 400 pips from the 2.22091 support area
Next steps: Wait for confirmation from current 4H candle. If support holds and bullish structure confirms, execute in layers toward 2.26228. If 2.22091 breaks, we reassess.
GBPNZD Daily Analysis – Bearish Setup in PlayGBPNZD pair is setting up for a potential bearish continuation as technical patterns and macroeconomic context align. With key central bank events on the horizon this week—including the Bank of England rate decision and New Zealand's employment data—volatility is expected. Traders should be cautious yet prepared, as current price action suggests a possible breakdown in the days ahead.
🔍 Chart Structure & Key Observations
Rising Wedge Breakdowns (Bearish Patterns):
Multiple rising wedges broke to the downside, which is a bearish signal.
These breakdowns were followed by lower highs — indicating bearish momentum is strengthening.
Current Price Action:
Price is currently sitting at 2.2245, just above the 78.6% Fibonacci retracement level (2.2039).
A support test is occurring here. If it breaks, expect acceleration in downside momentum.
Bearish Flag/Pennant Setup:
Recent price action appears to be forming a bearish continuation pattern (flag or descending channel).
The blue arrow indicates a potential bearish breakout continuation after a short-term pullback (retest).
Fibonacci Retracement & Key Support Zones:
Fib levels and horizontal support coincide at multiple critical zones:
2.2039–2.2002: Minor support.
2.1818–2.1685: Strong confluence of 100% Fib level and horizontal demand zone.
2.1515–2.1509: Next major support (prior structure level).
2.0981: Projected extension target (141.4% Fib), a potential final target if the breakdown continues.
Trade Plan (as per the chart):
Entry: Bearish confirmation after a retest around 2.23–2.24 zone.
Stop: Just above the recent highs or above 2.25.
Targets:
TP1: 2.2002
TP2: 2.1810
TP3: 2.1510
Final TP: 2.0980
🧠 Fundamental Context to Watch
Considering the NZD and GBP sensitivity to central bank policy:
NZD: Watch RBNZ’s Financial Stability Report and employment data (due this week)
GBP: Bank of England rate decision and inflation letter also due this week
USD & global risk appetite could influence sentiment, as Powell and Trump tensions gro
GBPNZD: Potential Bearish Wave AheadGBPNZD: Potential Bearish Wave Ahead
GBPNZD is forming a Head and Shoulders pattern at the top of its bullish trend, signaling a possible downward move.
Since this is a large pattern, the bearish wave may unfold gradually.
However, if the price consolidates in the current zone and shows sell signals, the downtrend could resume in the coming days or weeks.
Key Support Levels: 2.2000, 2.1870, 2.1730, and 2.1500.
You may find more details in the chart!
Thank you and Good Luck!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBP_NZD LONG SIGNAL|
✅GBP_NZD is going down
To retest a horizontal support
Level of 2.2200 so after the
Retest we can enter a long
Trade with the TP of 2.2459
And the SL of 2.2132
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPNZD Possible Swing Hello Traders!
I am currently watching GBPNZD for possible longs.
Price is in a Bullish trend. Using the last swing low and high i can identify discounted prices where i can potentially look to take longs.
Price has tapped into my 71% fib level and had a fractal shift in market structure, we are currently visiting the OB the resulted into MSS, hoping to see a bit of a revisit on market open and possible take longs from there.
SL and take profit (as per the chart layout)