NZDGBP trade ideas
GBPNZD – ready to go long again ... the week of 03 Mar Monthly – bullish
Weekly – bullish
Daily – bullish, broke above previous highs already. Price above 200sma.
H4 – After the break out, price is pulling back. We have no idea where the pullback may terminate, but the support located around 2.2370 or preferably, the zone marked between 2.2212 – 2.21520 (or any other point in between) may hold price.
If there is no further pullback, I will not be interested in trading this pair for now. However, if price action develops as I anticipate, I will be looking for signs of a bullish continuation. My stop would be below the recent swing low and I will at first, target 2.2700 with the potential to extend much higher.
This is not a trade recommendation, 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 at Key Resistance: Rebound Toward 2.20986?OANDA:GBPNZD has reached a significant resistance zone, marked by historical price rejections and strong selling pressure. This area has previously acted as a key supply zone, increasing the probability of a bearish reaction if sellers regain control.
The current market structure suggests that if price confirms a rejection from this resistance zone, we could see a potential drop toward the 2.20986 level. This level aligns with previous price reactions and serves as a logical downside target. However, a break and close above this resistance zone would invalidate the bearish bias and could signal further upside continuation.
Traders should look for bearish confirmation signals such as rejection wicks, bearish engulfing patterns, or increased selling volume before considering short positions.
This setup reflects the potential for a pullback after a strong bullish move, supported by historical price action and market structure.
Do you agree with this analysis? Share your thoughts in the comments!
GBPNZDWhy Stay Long?
📌 UK Strength:
GDP growth remains stable, showing resilience in economic activity.
Inflation concerns could keep the Bank of England from easing too soon, supporting GBP.
Industrial production and business sentiment remain positive.
📌 NZ Weakness:
Retail spending has been declining, signaling weaker consumer confidence.
Business PMI remains in contraction territory, showing economic slowdown.
The RBNZ's cautious stance suggests limited upside for NZD.
With these factors still in play, I’m holding the position and managing risk accordingly. Watching key resistance levels for an exit.
#Forex #GBPNZD #SwingTrading
pound quant zones thursday and possibly fridaypound's macro factors are bearish into march despite flow into pound due to being tariff neutral
already in hedge zone for momentum breakdown shorts, same for gbpcad, gbpusd, gbpaud
wicked tops for shorting
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GBP/NDZ | down channel or trend line breakdown before 22.1k? on📉 GBP/NZD Price Forecast – Potential Reversal Ahead! 🚀
The GBP/NZD pair is currently moving within a down channel reversal pattern, signaling a potential shift in momentum. However traders should wait for a confirmed trendline breakdown before entering trades A breakdown before the 22,000 – 22,100 zone could provide a strong selling opportunity.
Key Levels to Watch:
✅ Entry Zone: 2.2000 – 2.2100
🎯 Target Points:
First Target: 2.1700
Second Target: 2.1500
Technical Analysis:
📊 The 50 EMA (Exponential Moving Average) is a crucial indicator in this setup. If the price continues to respect this dynamic resistance and breaks below the key trendline it could trigger a sharp downward move.
Trading Strategy & Risk Management:
⚠ Patience is key! Enter only when the trendline breaks and confirms bearish momentum.
📈 Set stop losses wisely to manage risk and protect capital.
🔍 Always analyze market conditions before making a trade.
🚀 Stay ahead of the market – Like Comment & Follow for real-time trade alerts, expert insights and more profitable setups!
GBP/NZD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
GBP/NZD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2.210 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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GBPNZD: Bullish Pattern & Breakout 🇬🇧🇳🇿
GBPNZD formed a bullish accumulation pattern on a daily.
Its neckline was broken with a high momentum bullish candle yesterday.
The next strong resistance is 2.236.
It will most likely be the next goal for the buyers.
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GBPNZD: Bullish Trend ContinuesThe violation of a significant daily resistance level has created additional upward potential for 📈GBPNZD on a daily basis.
Following a prolonged period of bullish accumulation within an ascending triangle pattern, the price rebounded yesterday and closed the daily candle above its neckline.
I believe that the market could soon reach the 2.2400 level.
gbpnzd analysis elliot. 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
BUY GBPNZD - Simple and logical Price Action!!Trader Tom, a technical analyst with over 16 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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GBPNZD Is Bearish! Short!
Here is our detailed technical review for GBPNZD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 2.217.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 2.209 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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GBPNZD BUY SETUP📊 Execution Plan & Trade Strategy
📌 Ideal Trade Plan (If Price Retraces)
✅ Entry Zone: 2.2000 - 2.2020/30 (Bullish Order Block + Fair Value Gap)
✅ Stop Loss (SL): Below 2.1980 (Safe institutional level, avoiding stop hunts)
✅ Take Profits (TPs):
TP1: 2.2150 (Liquidity zone)
TP2: 2.2200 (Key Psychological level)
TP3: 2.2250 (Final BSL target)
✅ Trade Type: Intra-day / Trend Continuation
✅ Confidence Level: Medium to High – Strong confluences, but a retrace would be ideal for entry.
GBP-NZD Short From Resistance! Sell!
Hello,Traders!
GBP-NZD keeps growing
Just as I predicted in my
Previous analysis but the
Pair will soon hit a horizontal
Resistance of 2.222 from where
We will be expecting a local
Bearish correction
Buy!
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Check out other forecasts below too!
GBPNZD - Potential Sell Opportunity at Resistance LevelOANDA:GBPNZD is approaching a significant resistance zone, marked by previous strong price rejections. This area has consistently acted as a turning point, suggesting the potential for another bearish reaction if sellers step in.
If the price shows clear signs of rejection from this resistance zone, I anticipate a move downward toward the 2.20620 level, which serves as a logical target for this setup. Conversely, a clean breakout above the resistance zone could signal a potential bullish continuation.
Traders should monitor for bearish confirmation signals, such as bearish engulfing candles, long upper wicks rejecting the resistance, or increased selling volume before considering short positions. Let me know your thoughts or any additional insights you might have!
GBP/NZD’s Bullish Rounding Breakout: Targeting 2.2144 & 2.2202The pair appears to be forming a rounded bottom, suggesting a potential bullish continuation. After basing near the 2.1900–2.1950 zone, price has reclaimed key Fibonacci levels (38.2% and 50% retracements), indicating strong buying interest. A sustained break above the 0.786 Fib around 2.2039 sets the stage for an advance toward Expect Level 1 (2.2144) and eventually Expect Level 2 (2.2202). If buyers hold above these Fib supports, the bullish momentum is likely to continue, reinforcing the upside targets on the chart.
GBP/NZD - Bullish flag and Ascending Channel formulating.Hi guys we are looking into GBP/NZD - You can see the chart the previous analysis that we did last week which was posted privetely in our community reaching its target, now we are looking into a possible bullish trend. Analysis did on 1H time frame.
As of February 24, 2025, the GBPNZD currency pair is exhibiting bullish momentum, with the current exchange rate at 2.20095 NZD, reflecting a 0.18% increase over the past 24 hours.
Technical Indicators Supporting Bullish Outlook:
Moving Averages: The pair is trading above key moving averages, including the 200-period EMA, indicating a strong uptrend.
Chart Patterns: An inverted cup and handle pattern has been identified on the hourly chart, suggesting potential upward movement.
Ichimoku Cloud: The Ichimoku Kinko Hyo Cloud analysis reveals an upward-moving cloud, adding to the long-term bullish sentiment
Entry: 2.20030
Target: 2.20950
SL: 2.19450
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GBPNZD Ascending TrapPrice is currently trading along an ascending trendline, making higher lows in the process. This suggests short-term bullish momentum. However, the overall structure resembles a consolidation or a potential “rising wedge” setup.
The market is hovering just above the trendline, and sellers seem to be testing buyers’ resolve at this level.
The candlesticks near the trendline show some indecision (small-bodied candles or wicks on both ends), hinting that bullish momentum could weaken.
If the price breaks convincingly below the trendline, it would signal a shift from short-term bullishness to a possible bearish phase.
GBP/NZD - 1H Analysis & Prediction📉 GBP/NZD - 1H Analysis & Prediction
🔹 Key Market Structure & Levels:
✅ Choch (Change of Character) & BOS (Break of Structure) confirm bearish sentiment.
✅ Fair Value Gap (FVG) in the supply zone indicates potential rejection.
✅ Demand Zones:
2.18352 - 2.18687 (Potential reaction area)
2.16800 - 2.17231 (Stronger demand zone)
📌 Scenarios to Watch:
1️⃣ Bearish Move Before Reversal:
Price might reject from the FVG zone and drop towards the 2.18352 - 2.18687 zone.
If it breaks below, expect further downside to 2.16800 - 2.17231 before a potential bullish move.
2️⃣ Bullish Move to 2.21504:
If price reacts from the demand zone, it may push towards 2.21504, a key liquidity target.
Watch for a bullish confirmation after tapping the demand zone.
💡 Trading Plan:
✅ Look for short entries around the FVG zone.
✅ Monitor bullish price action at 2.18352 - 2.18687 for potential long positions.
✅ If price sweeps 2.16800 - 2.17231, expect a strong reversal to the upside.
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