GBPNZD: Rate Cut & Weak Outlook Sink NZD—Is GBPNZD Overextended?GBPNZD: Rate Cut & Weak Outlook Sink NZD—Is GBPNZD Overextended?
The New Zealand Dollar faced aggressive selling after the RBNZ cut its interest rate by 25 basis points from 3.25% to 3%, as widely expected.
From the RBNZ Governor’s press conference, I would single out two comments that I think created weakness in the NZD because the New Zealand economy is doing better compared to many other economies.
Comments:
🔴 Second-quarter economic activity is significantly weaker than expected.
🔴Comfortable with the NZD falling
GBPNZD Technical Analysis:
GBPNZD has now reached a strong zone and completed a harmonic downward pattern on the daily time frame.
GBPNZD has already risen by almost 280 pips today and is testing the April 2025 high
GBPNZD is still bullish and strong, but once the market absorbs the news, we could see a potential reversal over the next week.
It is very risky, so wait for the price to show clarity before the downward movement starts to take shape.
You may find more details in the chart!
Thank you and Good Luck!
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GBPNZD trade ideas
GBPNZD Offering Bullish SwingGBPNZD has broken above a key daily resistance zone around 2.2800–2.2850 with a clean bullish swing, demonstrating strong upward momentum. Price continues to react from lower levels, forming higher lows and confirming bullish continuation. A sustained push above the recent high (2.3090) could see the pair extend toward 2.3300–2.3400, offering a compelling risk-to-reward setup for trend-following strategies.
Fundamentals strongly support this move. Markets remain focused on RBNZ’s upcoming decision, with expectations leaning toward a 25bp cut in the OCR. If guidance signals further easing, it will propel NZD weakness, which benefits GBP. Meanwhile, the Bank of England’s latest "hawkish cut" and sticky UK inflation readings have dampened speculations of aggressive future cuts. This policy divergence supports continued strength in GBP/NZD. According to one outlook, the pair may pull back in the short term to relieve RSI overbought conditions—but the rally remains intact, with targets toward the mid-2.30s.
Moreover, technical sentiment is positive: long-term forecasts position GBP/NZD with upside toward 2.35–2.47 by year-end. Models still rate it as a "strong buy" over both weekly and monthly timeframes.
Structurally, entries near 2.2850–2.2900 on minor retests—ideally near the new support zone—offer favorable value with risk managed below recent swing lows. Stops under 2.2700 provide room for the structure without overexposing. With macro and technical factors aligned, the pair looks set for a fresh leg higher.
GBP/NZD Breakout Done , Short Setup Valid To Get 150 Pips !Here is my 1H T.F GBP/NZD Chart and we have a very clear 1H breakout and the price confirmed already by amazing bearish candle closed below my Support , So we can sell now and targeting from 50 to 150 pips . The Only Reason i will cancel this idea if we have a daily closure above my support again .
Reasons :
1- Clear Breakout
2- 1H Bearish P.A .
3- Clear Confirmation .
GBPNZD: Important Breakout & Bullish Wave Ahead 🇬🇧🇳🇿
Important event happened on GBPNZD.
The price successfully violated a major daily resistance cluster
and closed above that.
We see a strong bullish reaction to that after its retest.
I think that, with a high probability, the market will continue rising.
Next resistance - 2.295
❤️Please, support my work with like, thank you!❤️
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GBP/NZD Heist: Can You Swipe the Bullish Loot?GBP/NZD Sterling vs Kiwi Forex Bank Heist Plan (Swing/Day Trade) 🤑💰💸
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Plan: Bullish 📈
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The Thief doesn't just kick the door down! We use a precise, layered entry to maximize our haul and minimize risk. Place these BUY LIMIT ORDERS to stack the cash efficiently:
🧨 LAYER 1: 2.31500
🧨 LAYER 2: 2.31000
🧨 LAYER 3: 2.30800
🧨 LAYER 4: 2.30400
🧨 LAYER 5: 2.30000
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Stop Loss 🛑
🚨 Thief SL: Set at 2.29000. Dear Ladies & Gentlemen (Thief OGs), adjust your SL based on your strategy, lot size, and risk tolerance. Stay sneaky, not sorry! 🕴️
Target 🎯
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Market Intel 📊
💹 Why Bullish? GBP/NZD is primed for a breakout, driven by key technicals and fundamentals. Check the latest COT Report, Quantitative Analysis, Sentimental Outlook, and Intermarket Analysis for the full scoop! 🔗👀
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Learn How To Trade New Highs Using These 4 StepsHave you ever feared buying a new high? Racing in your thoughts "what if this will crash?"
Maybe one time you tried to buy a new high then "crash" the move didnt work
I remember one time trying to buy AUD/JPY at a new high and then it crashed on me.
It doesnt feel nice to trade New highs because i have done it before.The feeling is called fear of missing out.
But with momentum trading that fear doesnt have to bother you at all.
So the secret is that i look at the stochastic
then i see its in an over bought zone.
But i also use the balance of power showing us bull strength.
Then i combined it with the short squeeze mindset.
Do you remember the short squeeze mindset?
If you want to learn about this mindset check out
the article i wrote on NASDAQ:MSFT below
So you have to combine the following steps
Short squeeze mindset
Stochastic overbought zone
Balance of power
Rocket booster strategy
Its possible for you to do this especially if you are using a simulation trading account.
So open your simulation trading account right
here on trading view and place a buy order with
your preferred margin level.
Remember to use a margin that your risk tolerance can handle
select the amount of capital
you wish to start with and place a buy order.
After that wait for about a week and see what happens.
You don't need real money to test strategies.
Try your strategies with a simulation trading account
its very much possible.
Rocket boost this content to learn more.
Disclaimer:Trading is risky please learn risk management and profit taking strategies and always use a simulation account first before you trade with money.
GBP-NZD Support Ahead! Buy!
Hello,Traders!
GBP-NZD is going down
To retest a strong horizontal
Support of 2.2779 while
Trading in an uptrend so
We are bullish biased and
We will be expecting a
Further bullish move up
Buy!
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Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Bullish continuation?GBP/NZD is falling towards the support level which is an overlap support that is slightly below the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 2.2654
Why we like it:
There is an overlap support that is slightly below the 38.2% Fibonacci retracement.
Stop loss: 2.2554
Why we like it:
There is an overlap support level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 2.2875
Why we like it:
There is a swing high resistance.
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GBPNZD HIGH Probability ShortWe are overbought on the higher TF, big burst in volume initially but volume is not fading out. We are going to take first entry here, if we push up we will continue to layer in positions and adjust SL to the higher 2nd SL tier on all positions.
Like always we are going to layer in positions to cost average our way into the trade. If we get a big push against us we can always adjust the TP with the averaged positions to close out at a profit sooner, I think the TP is an easy hit so I will keep it in place even if we end up cost averaging in.
GBPNZD Analysis elliot. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPNZD Breakout from Consolidation Bullish Momentum BuildingGBPNZD has broken out of its recent consolidation pattern and is showing signs of bullish continuation. Strong GBP fundamentals combined with NZD weakness from global risk-off sentiment and tariffs support this technical move.
Technical Analysis (4H Chart)
Pattern: Breakout from a descending channel with bullish follow-through.
Current Level: 2.2418, trading above the breakout level, confirming momentum shift.
Key Support Levels:
2.2294 – recent breakout support and invalidation point for bulls.
2.2222 – secondary support if a deeper pullback occurs.
Resistance Levels:
2.2500 – near-term resistance and potential target for the breakout.
2.2690 – extended bullish target if momentum continues.
Projection: Likely to continue higher toward 2.2500, with room for 2.2690 if GBP strength persists.
Fundamental Analysis
Bias: Bullish.
Key Fundamentals:
GBP: Supported by BOE’s cautious stance on inflation and the relative resilience of the UK economy.
NZD: Pressured by global tariffs, weaker risk sentiment, and limited domestic growth catalysts.
USD Factor: Fed rate cut expectations indirectly support GBP crosses against risk currencies like NZD.
Risks:
Hawkish surprise from RBNZ could strengthen NZD.
BOE dovish signals could stall GBP upside.
Key Events:
BOE meeting and UK CPI.
RBNZ policy decision.
Risk sentiment trends globally.
Leader/Lagger Dynamics
GBP/NZD is a leader among GBP crosses, with GBP strength and NZD weakness driving momentum. It also aligns with EUR/NZD upside moves, reinforcing the bearish NZD outlook.
Summary: Bias and Watchpoints
GBP/NZD is bullish, having broken consolidation with upside targets at 2.2500 and 2.2690. The main drivers are GBP’s policy support, NZD’s risk-off weakness, and global tariff concerns. Watch for BOE and RBNZ updates as potential volatility triggers.
GBP/NZD POTENTIONAL SHORT OPPORTUNITYThis is an idea for GBPNZD's potential short opportunity based on what the technicals indicate.
The trend has been emphasising its bullish approach for almost three years.
Price respected almost 11 times due to the strong resistance within 150 days between 2.265 & 2.275 and bounced off bullish OB on the daily chart and FVG on the weekly chart.
An institutional sharp decline on the weekly chart, followed by a clear wedge, can support a further drop once swept by bearish daily OB. A breakout to the micro wedge (orange) within a macro wedge can also help further down move.
Given that a bearish pin bar followed by a bearish doji is a strong warning signal of potential reversal or bearish continuation that appears inside the micro wedge.
TP1 is considered the first support at the bottom, where the daily OB and the weekly FVG meet at around 2.22000 or the area close to the trendline. If the price breaks through the trendline, TP2 and TP3 will be expected to be achieved.
TP2 may be located at the micro accumulation around 2.20000, and TP3 at the following major support around 2.15000-2.17000 that previously acted as both support and resistance.
Good luck and have a great weekend.
GBPNZD: We could see a rejection at resistance once moreGBPNZD is range bound currently, and this latest moves continues the narrative of it. Right now, it's approaching a major resistance, where each touch here has showed good rejection.
My target would be toward 2.25230, an achievable target.
Though a scenario for more upside is possible and can happen just as much. But, I would take the side for more downside in this particular case.
Let me know in the comments what you think:
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.