Hello, according to the analysis of the GBP NZD pair. There is a good opportunity to buy as the pair exits the side channel as shown in the analysis. It also broke the strong Double Bouton pattern. And breaking the resistance at the level of 2.05500. All of these factors confirm that the market is for purchase. Good luck to everyone.
Where is GBP/NZD heading? We have received a question about this cross, which had a significant rally through early February. At that point, it began trading in a limited range, and may now find its way down.
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In This Chart GBPNZD HOURLY Forex Forecast By FOREX PLANET
today GBPNZD analysis 👆
🟢This Chart includes_ (GBPNZD market update)
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This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding...
At the moment, I think it will be too soon for me to say there would be a reversal or a continuation, however a breakout on either side is what I'd love to see before taking a position.
A break above the and its retest, 2.04919 I will go long
A break below the and its retest, 2.04036 I will go short. Until then, fingers crossed
All trade ideas are...
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** GBPNZD Analysis - Listen to video!
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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:
- UK inflation came in lower than expected today. This was also likely because.
1. many leading economic indicators were already hinting at...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hey Everyone, We had a long bullish impulse on FX:GBPNZD , price broke out and sellers now have control. Looking at 4HR market structure, price is looking to drop significantly to fill up the gap that price have left behind.
Let's not miss out on a great opportunity, thank you for your support :)
We had price break a major level making a new high. With the new high made this is called our indication. Which means that with the right momentum we can expect price to come back to that high after a correction. Due to price being on a uptrend which means no lows have been broken we can anticipate that price is bullish.
When we look at the pair there are more bullish signs and bearish signs hence we are only looking for buying opportunities.
We have listed the reasons for our bullish basis below:
1: Higher times frames show a strong bullish trend.
2: Lower bullish channel test and potential bounce.
3: Up-trendline test and bounce.
4: Pair us making new highs which signal a...
GBP-NZD broke the rising
Support line and the breakout
Is confirmed because the
1D candle closed way below the
Broken support thus making is
Bearish biased which means
That after the pullback
And retest we will be
Expecting a bearish movement
Towards the 1.93 area