Starting with Aug, GbpNzd is in a clear uptrend, putting in higher lows and higher highs After rising 2000 pips and reaching 2.05 resistance, the pair corrected and we have a false break of 2.0 psychological support at the beginning of the month The pair recovered above this support quickly and now is trading at 2.0140 We believe that a next leg up is underway and...
We Have GBPNZD Sitting At The Backside Of The Broken Up Trend Line Right Near The Down Trend Line, The Market Is Already Making Lower Lows And Lower Highs, The Market Already Broke The Counter Trendline In The Sell Zone And Now Its At The Backside of It. If You Take A Look At The Daily You Will Also Find That The Daily Had Recently Formed A Double Top Which Makes...
potential buy setup about GBPNZD .... I will update following this analysis , so follow to get the notifications of potential trades entries :)
The GBPNZD is above the 200 moving average line which is a bullish sign. The Ichimoku cloud continues to be bullish on the pound. The recent declines were due to the pound's encounter with resistance at 2.03, but you can see very quickly the ups were coming back to the picture. Target: 2.09
GBPNZD showing signs of weakness in M15 at its intraday resistance. Potential downside move to next support. Trading CFDs on margin carries high risk. Please ensure you fully understand the risks.
The price will retest the Resistance and then go down further
=> GBPNZD - Sell <= => Entry: 2.0150 => 1st SL: 2.0250 => 2nd SL: 2.0350 => 1st TP: 2.0090 => 2nd TP: 2.0070 => 3rd TP: 2.0050 => 4th TP: 1.9920 => 5th TP: 1.9750 ***Join Free Telegram Signal: t.me
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together....
GBPNZD is expected to drop to 1st support at 2.00168 where it could potentially react off and up to 1st resistance at 2.01154. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !
we are watching Pound against NZD weak in comming days. let see all the things already mention in the chart.
In the name of Allah, the Most Gracious, the Most Merciful. GBPNZD has just formed a flag pattern in daily time frame there is more chances to move market upside so in 4 Hrs Time frame are just Analysis the falling wedge pattern there is more probability to move the market as per explain on the chart. IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT...
GBPNZD is expected to drop to 1st support at 1.99376 where it could potentially react off and up to 1st resistance at 2.01667. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBP/NZD Head & Shoulder Pattern is confirmed!! Expecting price to drop to 1.988. Focus Time Frame: 4H/1H Market Condition 1D Short Term: Downtrend 1D Long Term: Uptrend
Looks like GBP/NZD is making a head & shoulder movement. We are waiting for price action to confirm. Focus Time Frame: 4H/1H Market Condition 1D Short Term: Downtrend 1D Long Term: Uptrend
In the second pick, a Double top template was created so we recommended a sale, there was a decrease but it did not hold and gbpnzd returns to increase in strength. The buying position will be with the trend. We believe that gbpnzd is on the way to resistance at 2.0400 and then if there is indeed breaking then the next target will be very very high.