OANDA:GBPNZD The GBPNZD currency pair has recently reached a significant trend line that could signal a bearish trend toward specific levels. This development is noteworthy as it may have implications for investors and traders who are tracking the performance of this currency pair. The potential for a bearish trend suggests that there may be a shift in the...
GBP/USD continues its upward momentum since Thursday, trading above the 1.2270 level in the Asian session on Tuesday. The pair receives support from the US Dollar (USD) adjustment, coupled with improved risk sentiment. Although GBP/USD started higher after testing the 1.2100 level, the Relative Strength Index (RSI) on the 4-hour chart remains below 50, indicating...
Hello traders, we want to check the GBPNZD chart. The price has broken the ascending channel to the bottom and then marked the key level and also pulled back the downtrend line. If this level can play the role of a resistance level and the price cannot break this level, we expect the price to maintain its downward trend and fall to around 2.03400. Good luck.
GBP/USD faced consecutive losses, trading around 1.2160 in Asian markets on Wednesday. Positive US economic data applied pressure. The pair retreated after reaching 1.2200, the 23.6% Fibonacci retracement level, the 50 and 100-day Simple Moving Averages (SMAs) confirming significant resistance. The 4-hour chart's Relative Strength Index (RSI) dropped to 40,...
According To Fibbonacci retracment to 50%&61% the area that happening a pullback According to Downtrend channel According to CCI level Zero
Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a strong bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement in order to fill the imbalance higher and then to reject from bearish order block. Fundamental analysis: Upcoming week on Wednesday we have...
Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 2.13000. Fundamental analysis: Upcoming week on...
Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short on lower timeframe, as we can see that price rejected from 1H bearish order block + institutional big figure 2.14000. Like, comment and subscribe to be in touch with my content!
This currency pair has caught my attention due to its recent breakthrough of the 2.10 resistance zone last week, propelling it upwards to around 2.13. But what lies ahead? Initially, it's worth noting that on the lower timeframe charts, we're witnessing a significant overbought condition. This hints at an impending retracement. In fact, signs are already emerging...
Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. Firstly I expect price to make a retracement in order to fill imbalances and only after that to reject from bullish order block + institutional big figure 2.10000. Fundamental...
Introduction: Hello fellow traders! Today, we are back with an exciting long-term trade opportunity: Sell GBPNZD : 2.09450 Take Profit : 1.99403 Stop Loss : 2.11150. We will exit the trade if the Bank of England (BoE) maintains a hawkish rhetoric without softening. In this article, we will delve into the technical analysis and fundamental...
I am splitting the trade into 2 entries: One right here at the current market price and a sell limit order at the high of 2.09000. The balance of power between the former colony and its rulers will shift soon: GBP view: - UK inflation came in lower than expected today. This was also likely because. 1. many leading economic indicators were already hinting at...
Be aware that after crossing this trend that I have determined for you .. the decline will begin
TRADE IDEA: GBPNZD missed my good buy entry from my zone ,but either ways still looking out for selling opportunities at 2.08860
We're approaching a key area on the chart that holds massive potential. It's the Monthly SUPPLY/SELL zone, a zone that emerged in 2020 during the chaos of CV when we witnessed an incredible near 1000 pip spike in just minutes, reaching an astounding 2.17. While revisiting those levels may be unlikely, we have a great short opportunity. Here's what I want to see...
Here is my analysis for GBPNZD on H4 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
it seems that the strength of up-trend is getting weaker and it's suitable for Sell (Short Position)
Hello Traders In This Chart GBPNZD 4 HOUR Forex Forecast By FOREX PLANET today nzdcad analysis 👆 🟢This Chart includes_ (GBPNZD market update) 🟢What is The Next Opportunity on GBPNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...