WajaniTV AnalysisWith a strong resistance at level 4, coupled with the HL and LW as from 1-4, the bears are ready to push the market downward.
What are you thoughts?
GBPNZD trade ideas
GBP/NZD DIRECTIONGBPNZD market overall is bearish,in one hour we can wait for price to break our high low before starting to sell.
GBPNZDBulish Flage Continuation pattren at 4H time Frame.
also Bulish Divergence at current HL .
so my bias is Bulish anticipate is hit my target projection of Bulish flage poll leg.
TradeCityPro | GBPNZD : Critical Levels and Market Momentum👋 Welcome to TradeCityPro!
In this analysis, I will review the GBPNZD currency pair on the daily timeframe.
⏳ Daily Timeframe: Higher Highs and Ascending Trendline
In the daily timeframe, the market is displaying higher highs and higher lows, indicating an uptrend. Along with this trend, an ascending trendline can be observed, to which the price has reacted three times so far.
🔼 Currently, after reaching the resistance at 2.18921, the market has entered a correction phase, with the price pulling back to the 2.11346 level. As long as the price remains above the trendline, I consider the market trend to be bullish.
📈 If the resistance at 2.18921 is broken, the uptrend is likely to continue, with the first target for this movement being 2.22652.
🔽 On the other hand, if the trendline is broken and the price breaches the 2.13682 or 2.11346 levels, bearish momentum will enter the market. In this case, the first target will be 2.06414, followed by the second target at 2.00732.
✨ The RSI oscillator is currently indecisive and fluctuating around the 50 level. The RSI trend in the near future could determine the market’s momentum.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
GBPNZDThis Weekly FORECAST
Opportunity for GBPNZD. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
GBPNZDGBPCHF
This is my point of view today
Help me if there is a mistake
Or tell me your point of view
+100/+200 pips gbpnzd m20 short from resistance short-term🔸Hello traders, let's review the 20 minute chart for GN today. Price
contained withing sliding bear channel previously rejected multiple
times from overhead resistance.
🔸Currently expecting price to pump into overhead resistance and
complete a double top at 1610, that's the likely PRZ level.
🔸Previously rejected from overhead resistance, sequence of lower
highs in progress and expecting yet another rejection into double top
and also re-action with the bear channel.
🔸Recommended strategy for GN traders: short sell high at 1610 SL 50
TP1 +100 pips TP2 +200 pips final exit at 1400. good luck traders!
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Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
GBPNZD_SHORT OPPORTUNITYGBPNZD will show a Bearish Trend based upon the factors mentioned in the chart on Technical and Fundamental basis.
GBPNZD Bullish Setup – Inverted Head and Shoulders PatternA potential bullish reversal is forming on GBPNZD, driven by the emergence of an Inverted Head and Shoulders pattern on the chart.
Left Shoulder: A decline followed by a rally to form a local high.
Head: A deeper dip forming the pattern’s lowest point, followed by a stronger recovery.
Right Shoulder: A higher low, signalling weakening bearish momentum and potential bullish strength.
The neckline is identified at , acting as a key resistance zone. A breakout and close above this level could confirm the reversal and initiate a bullish trend.
Entry Strategy: Wait for a breakout and possible retest of the neckline as support to confirm the move before entering a buy position.
Stop Loss: Place below the right shoulder’s low to protect against invalidation of the pattern.
Stay mindful of fundamental factors influencing GBP and NZD that could impact price action, and always trade with proper risk management.
GBPNZD bull flag pattern looks...bullish!Intraday Update: GBPNZD slammed back to key support today near the 2.1375 level following the RBNZ, but overall still in a bull flag pattern. The current level near the 2.1400 level may offer a good risk/reward for longs.
gbpnzd buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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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 Bearish Opportunity: Short Setup Near Key ResistanceThe GBPNZD pair on the 4-hour timeframe is displaying signs of a potential bearish continuation. The price is facing resistance from multiple technical factors, and indicators suggest a possible reversal to the downside. Here's the breakdown:
Key Resistance Levels:
The pair is testing the supply zone around 2.1550–2.1600, which aligns with a recent bearish "3s-Bear" signal.
The price remains below the 50 EMA and 200 EMA, confirming a bearish trend.
Indicators:
The Stochastic RSI is in overbought territory, signaling potential downside momentum.
The price has rejected the resistance zone multiple times, indicating strong selling pressure.
Entry Point: Consider entering a sell position around 2.1550–2.1570 if the price shows rejection at this level (e.g., bearish engulfing candlestick).
Stop Loss: Place the stop loss above the resistance zone at 2.1620 to account for potential false breakouts.
Take Profit:
Target 1: 2.1500 (recent support zone).
Target 2: 2.1430 (major support level below).
Risk-Reward Ratio: This setup offers a favorable risk-reward ratio of approximately 1:2 or better.
If the price breaks and closes above 2.1620, the bearish bias will be invalidated. Monitor price action closely and adjust the trade plan as necessary.
GBPNZD BULL RUSH Hello Traders! 👋
The GBPNZD pair broke ABOVE a key level. This breakout signals potential further downside movement in the pair.
I will be going for a 1:2 on this trade
Follow and comment ! ❤️
GBPNZD: Bull Flag Suggests Further Upside to 2.1900GBPNZD is currently trading around 2.1650 and has formed a bull flag pattern, which is often seen as a continuation signal in trending markets.
This setup suggests that the recent bullish momentum could continue once the price breaks above the resistance line of the flag. A confirmed breakout above this level would provide a clear indication of further upward movement, with the price likely to reach 2.1900, a key resistance level.
The pattern reflects strong buying interest, as the price has consolidated within the flag after a strong upward move, showing that buyers are maintaining control. If the breakout holds, we could see a upward push toward the 2.1900 resistance level.
TradeCityPro | GBPNZD Analysis Ready to Move👋 Welcome to the TradeCityPro channel!
Let's start this week's market by analyzing the GBPNZD pair for potential triggers in futures. We'll keep it concise!
🌍 Fundamental Overview
GBP: The British pound remains under pressure due to persistent economic slowdown and uncertainty around the Bank of England's policy, with inflation softening but still above target.
NZD: The New Zealand dollar is supported by stronger commodity demand and recent hawkish signals from the Reserve Bank of New Zealand (RBNZ), which is holding interest rates steady but remains cautious of global economic conditions.
Result: Diverging monetary outlooks and commodity trends make GBPNZD sensitive to risk sentiment and trade flow shifts.
📊 Weekly Timeframe
In the weekly timeframe, like most currency pairs, we are in a range but have broken the lower box and are now ranging in a higher box.
Additionally, the chart shows a curve-like upward movement, forming higher lows, indicating an uptrend, but recently, the trend has significantly weakened, and the candlesticks are getting smaller.
If the curve line breaks, the price can move to 2.10640.
If the curve supports, the price may head towards 2.16990 and possibly break this significant resistance.
⏱ 4-Hour Timeframe
In the 4-hour timeframe, there is a descending trendline, forming lower highs and creating compression.
📉 Short Position Trigger:
Triggered by rejection from the trendline or a break of the 2.14309 support level, targeting 2.12359.
📈 Long Position Trigger:
Triggered by a breakout above the trendline and 2.15606, targeting 2.18194.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
GBP/NZD Bearish MovementGBP/NZD appears to be bearish, it has hit a trend line and am anticipating it to meet the weekly range for a good 1:7 RR
GBPNZDPrice has been making lower highs & lower lows. With that, I’m expecting the bearish sentiment to continue after price made a double top pattern on the 1H timeframe.
GBP-NZD Will Grow! Buy!
Hello,Traders!
GBP-NZD is already making
A local bullish rebound from
The horizontal support
Level of 2.1380 so we are
Locally bullish biased and
We will be expecting a
Further move up
Buy!
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GBPNZD Is Very Bullish! Long!
Here is our detailed technical review for GBPNZD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 2.147.
The above observations make me that the market will inevitably achieve 2.153 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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GBP_NZD BULLISH BIAS|LONG|
✅GBP_NZD has retested a key support level of 2.1368
And as the pair is already making a bullish rebound
A move up to retest the supply level above at 2.1530 is likely
LONG🚀
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GBPNZD: Bullish Continuation & Long Trade
GBPNZD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy GBPNZD
Entry Level - 2.1437
Sl - 2.1379
Tp - 2.1542
Our Risk - 1%
Start protection of your profits from lower levels
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The Easiest Way To Identify And Take Reliable Trades | ForexThe GBPNZD has fallen off from another hit on the Upper TL of a mid term downtrend.
Sentiment rules markets and ultimately is what makes trends. Track them and trade them like this.
