=> 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
It doesn’t look like the bullish candlesticks are gonna stop anytime soon, so y’all might have to wait until we see consolidation or bearish momentum before you bet on GBP/NZD extending its downtrend. If you’re planning to short NZD, then you’ll want to place your stops just above the channel and aim for November’s lows for maximum reward-to-risk ratio.
GBPNZD facing pressure from a resistances cross price. Risk for further drop possible. Trading CFDs on margin carries high risk. Please ensure you fully understand the risks.
As we can see GBPNZD Broke through 1D Trend line first time sine Jule... We will see good drop down!!
Resistance 1 - 2.00032 Resistance 2 - 2.01822 - 2.03225 Take Profit - 1.3994 Stop Loss - 2.05528 AUD and NZD are notably stronger to start the week as the overall positive risk tone and overnight Chinese data supports the antipodeans. China's Caixin Manufacturing PMI for November improved to 51.8 versus consensus of 51.4 and a prior of 51.7. Alongside the...
NZD is too strong today it will push this pair more downside.
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.
If this move doesn't break above the trend line then this is the short take I would take to the down side.
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 !
GBPNZD Long Setup > Wait for shorter time frame correction > Bullish Price Action > Long
we are watching Pound against NZD weak in comming days. let see all the things already mention in the chart.
I think this might be a perfect entry for a GBPNZD SELL 1H Chart with indicators 4H Chart
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.