Pair : GBPNZD ( British Pound / New Zealand Dollar ) Description : Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves and " A " Corrective Waves Symmetrical Triangle as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line
Yearly: The market is entrenched in a multi-year downtrend. Despite yearly structure breakouts, rejections from the CIP level have been consistent, indicating strong resistance. The failure to breach upper yearly resistance suggests substantial selling pressure. A post-breakout bearish buildup implies a high likelihood of further downside in the coming...
GBPUSD New forecast The price perfectly fulfills my last idea and price reached to our target . The GBP/USD pair presented Negative trades today, as it tried to break the 1.2173 level to holding below it again, waiting for the bearish bias to resume to test the bearish resistance around 1.2122 as the next main target. Therefore, the downward trend scenario...
GBPUSD OUTLOOK The price perfectly fulfills my last idea and price in the way to reach our target . Technical abstract : The pound sterling pair against the dollar continues to decline to reach our extended target of 1.2135, and we believe that the way is open to continue the downward trend and achieve more negative targets that reach the 1.2100 areas. The...
The GBPNZD was rejected by the upper trendline of the ascending channel on 21st August, 2023. made a pull back to the 2.13930 support. Price is currently being resisted by the EMA-50 on the 4HR time frame. A break below the EMA-50 could push the price down to ultimately re-test the EMA-200 support at 2.10941. On the other hand, the fibo retracement could pull...
Be aware that after crossing this trend that I have determined for you .. the decline will begin
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!
Here is my analysis for GBPNZD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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...
Here is my view for GBPNZD on April 27th for H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello trader last analysis for the Day so let’s Set Our Eyes on GBPNZD We are Currently taking A sell based on we are Currently on a Support and Resistance Level price failed to break our Resistance zone and also we end up having A trend line breakout and a Successfully retest back to trend, so to keep everything as Educationally as possible When trading...
On Wednesday (March 15), GBP/USD continued to fall by 0.85% to close at USD1.2056.The UBS incident has caused the market to worry about the state of the European banking system, because the impact of the collapse of Silicon Valley Bank, which is a major customer of technology companies in the United States, is accelerating.Credit Suisse's share price plunged by...
The latest data from the United Kingdom show that the number of people employed in the British labor market has increased by 65,000, higher than the expected 52,000, and the unemployment rate remains at 3.7%.But the pace of wage growth has slowed, which is good news for the Bank of England.Because the central bank is seeking to control inflation, this is another...
GBP-NZD is trading in a downtrend And the pair is approaching A resistance cluster of the falling And horizontal resistance levels So as we are bearish biased We will be expecting a bearish Reaction and a move down After the pair retests the cluster
Price make nice H&S pattern and i decide to take a trade on it. As usually if wanna take a trade, always look up you’r own money management !
GBP-NZD was trading below a falling resistance But now we are seeing a bullish breakout And a retest of the broken line Which is now a support From where price growth is to be expected