GBP/NZD Technical Playbook: Bullish Setup in Motion🧭 Asset:
GBP/NZD (Pound Sterling vs Kiwi Dollar) — Forex Market
💡 Plan:
Bullish Plan 📈 — focusing on a breakout through the SMA barrier for a clean upward run.
🎯 Trade Blueprint:
🟢 Entry: Pending Order (SMA Breakout) ➡ 2.29800
🔻 Stop Loss (Thief SL): 2.28800
⚠️ Dear Ladies & Gentlemen (Thief OG’s) — this is my personal SL, not a recommendation. Your money ➡ your risk ➡ your choice.*
💰 Target (TP): 2.30500
🚓 Police barricade is there acting as a strong resistance + overbought trap zone 🚨 — so escape with profits when we hit our mark!
🧠 Why I like this setup:
✅ SMA Breakout Zone: Momentum build-up for bulls.
✅ Police Resistance @ 2.30500: Strong barrier + overbought warning.
✅ Risk vs Reward: Attractive R:R ratio for day-traders with discipline.
✅ Kiwi Weakness = Fuel: If NZD fades while GBP gains traction, this pair flies.
🔍 Correlated Pairs to Watch 👀
💷 FX:GBPUSD → If Sterling stays strong = Bullish confirmation.
OANDA:NZDUSD → If Kiwi drops = Adds momentum to our long plan.
OANDA:AUDNZD → Aussie strength vs Kiwi weakness = extra bullish edge for GBP/NZD.
🗝️ Key Points to Remember:
1️⃣ Wait for clean SMA breakout (not a fake wick pierce).
2️⃣ Confirm with volume + momentum support.
3️⃣ Lock profits as price approaches 2.30500 (Police zone 🚓).
4️⃣ Your SL = Your choice ⚙️ Manage risk like a pro.
5️⃣ Monitor correlation changes ⚖️ (GBP or NZD shifts may invalidate setup).
✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!”
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