Consider BUYING GBPNZD based on historical seasonality trends and anticipated positive monetary policy by the 2024 Federal Reserve head. Monitor seasonal patterns, economic indicators, and central bank communications. Exercise caution, implement risk management, and seek professional advice as trading carries inherent risks.
after strong GBP GBP/NZD pairs forming cup pattern and the first profit shown in this chart
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GBPNZD - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell GBPNZD Entry - 2.0798 Stop - 2.0895 Take - 2.0600 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Regarding the GBPNZD pair, the current trend remains upward, sustained until a significant loss of momentum is observed around the resistance level of 2.09660. I would appreciate your insights on this pair. What are your thoughts?
Nice looking Reversal Pattern Look for price to rotate to the downside Short or Sell Rising Wedge Pattern
since the general movement of the pair is bullish based on 1D tf ...then we can take advantage of the movement by buying the asset aight! so according to my trading system I expect to buy the pair from 2.07156
Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance and there is a confluence for a potential long if price rejects from bullish order block + institutional big figure 2.06000 + FIBO...
FX:GBPNZD is now creating the right shoulder of the Head and Shoulders pattern. I'd wait for the neckline penetration to validate the pattern before going short.
price as been bullish for some time then it made a pull back into a SnR zone in which price got rejected with bullish engulfing on monthly and morning star on weekly. price formed a falling wedge on daily and it as broken to the upside so we will wait for a pull back then wait for a bullish signal to go long
4 hr BoS on the Daily OTE Price retested on the 1hr OTE and we got a 15m BoS Targeting unswept Asian lows. Will be closing partials on the first yellow line
In today's trading session, our attention turns to GBPNZD, where we are observing a potential buying opportunity around the 2.06900 zone. GBPNZD, currently in an uptrend, is navigating a correction phase, drawing closer to the trend at the 2.06900 support and resistance area. From a technical standpoint, the uptrend in GBPNZD suggests a positive bias in the...
The markert has completed a running flat correction and therefore wave C is expected. the pound is very bearish and will be for months to come.
Hello,Traders! GBP-NZD keeps growing And the pair looks locally Overbought so I think That after the pair Retests the horizontal Resistance of 2.0600 I will be expecting a Local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
seems like GBPNZD is loosing its bullish momentum, double top with bearish divergence is sign of possible trend reversal, sell on breakout of previous lower high for confirmation
The price is rising towards the buy entry and could potentially rise to take profit level. Buy entry is at 2.07826 which is an overlap support that aligns with the 78.6% Fibonacci retracement level. Stop loss is at 2.06016 which is a level that sits under an overlap resistance. Take profit is at 2.09636 which is multi-swing-high resistance level. High Risk...
GBPNZD Weekly_Broke minor weekly lows Daily_Broken low @2.04549 Nice pullback (H),created a new LL daily structure is bearish expecting a LH @2.06843 (FIB/area of supply) #BYKCAPITAL #LETSEAT