Get started

British Pound / New Zealand Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

GBPNZD trade ideas

TradeCityPro | GBPNZD : Critical Levels and Market Momentum👋 Welcome to TradeCityPro! In this analysis, I will review the GBPNZD currency pair on the daily timeframe. ⏳ Daily Timeframe: Higher Highs and Ascending Trendline In the daily timeframe, the market is displaying higher highs and higher lows, indicating an uptrend. Along with this trend, an ascending trendline can be observed, to which the price has reacted three times so far. 🔼 Currently, after reaching the resistance at 2.18921, the market has entered a correction phase, with the price pulling back to the 2.11346 level. As long as the price remains above the trendline, I consider the market trend to be bullish. 📈 If the resistance at 2.18921 is broken, the uptrend is likely to continue, with the first target for this movement being 2.22652. 🔽 On the other hand, if the trendline is broken and the price breaches the 2.13682 or 2.11346 levels, bearish momentum will enter the market. In this case, the first target will be 2.06414, followed by the second target at 2.00732. ✨ The RSI oscillator is currently indecisive and fluctuating around the 50 level. The RSI trend in the near future could determine the market’s momentum. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
1
+100/+200 pips gbpnzd m20 short from resistance short-term🔸Hello traders, let's review the 20 minute chart for GN today. Price contained withing sliding bear channel previously rejected multiple times from overhead resistance. 🔸Currently expecting price to pump into overhead resistance and complete a double top at 1610, that's the likely PRZ level. 🔸Previously rejected from overhead resistance, sequence of lower highs in progress and expecting yet another rejection into double top and also re-action with the bear channel. 🔸Recommended strategy for GN traders: short sell high at 1610 SL 50 TP1 +100 pips TP2 +200 pips final exit at 1400. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
19
GBPNZD Bullish Setup – Inverted Head and Shoulders PatternA potential bullish reversal is forming on GBPNZD, driven by the emergence of an Inverted Head and Shoulders pattern on the chart. Left Shoulder: A decline followed by a rally to form a local high. Head: A deeper dip forming the pattern’s lowest point, followed by a stronger recovery. Right Shoulder: A higher low, signalling weakening bearish momentum and potential bullish strength. The neckline is identified at , acting as a key resistance zone. A breakout and close above this level could confirm the reversal and initiate a bullish trend. Entry Strategy: Wait for a breakout and possible retest of the neckline as support to confirm the move before entering a buy position. Stop Loss: Place below the right shoulder’s low to protect against invalidation of the pattern. Stay mindful of fundamental factors influencing GBP and NZD that could impact price action, and always trade with proper risk management.
Long
by ellienes
GBPNZD Bearish Opportunity: Short Setup Near Key ResistanceThe GBPNZD pair on the 4-hour timeframe is displaying signs of a potential bearish continuation. The price is facing resistance from multiple technical factors, and indicators suggest a possible reversal to the downside. Here's the breakdown: Key Resistance Levels: The pair is testing the supply zone around 2.1550–2.1600, which aligns with a recent bearish "3s-Bear" signal. The price remains below the 50 EMA and 200 EMA, confirming a bearish trend. Indicators: The Stochastic RSI is in overbought territory, signaling potential downside momentum. The price has rejected the resistance zone multiple times, indicating strong selling pressure. Entry Point: Consider entering a sell position around 2.1550–2.1570 if the price shows rejection at this level (e.g., bearish engulfing candlestick). Stop Loss: Place the stop loss above the resistance zone at 2.1620 to account for potential false breakouts. Take Profit: Target 1: 2.1500 (recent support zone). Target 2: 2.1430 (major support level below). Risk-Reward Ratio: This setup offers a favorable risk-reward ratio of approximately 1:2 or better. If the price breaks and closes above 2.1620, the bearish bias will be invalidated. Monitor price action closely and adjust the trade plan as necessary.
Short
by fxplusinsights
GBPNZD: Bull Flag Suggests Further Upside to 2.1900GBPNZD is currently trading around 2.1650 and has formed a bull flag pattern, which is often seen as a continuation signal in trending markets. This setup suggests that the recent bullish momentum could continue once the price breaks above the resistance line of the flag. A confirmed breakout above this level would provide a clear indication of further upward movement, with the price likely to reach 2.1900, a key resistance level. The pattern reflects strong buying interest, as the price has consolidated within the flag after a strong upward move, showing that buyers are maintaining control. If the breakout holds, we could see a upward push toward the 2.1900 resistance level.
Long
by FXTradingAnalysis
TradeCityPro | GBPNZD Analysis Ready to Move👋 Welcome to the TradeCityPro channel! Let's start this week's market by analyzing the GBPNZD pair for potential triggers in futures. We'll keep it concise! 🌍 Fundamental Overview GBP: The British pound remains under pressure due to persistent economic slowdown and uncertainty around the Bank of England's policy, with inflation softening but still above target. NZD: The New Zealand dollar is supported by stronger commodity demand and recent hawkish signals from the Reserve Bank of New Zealand (RBNZ), which is holding interest rates steady but remains cautious of global economic conditions. Result: Diverging monetary outlooks and commodity trends make GBPNZD sensitive to risk sentiment and trade flow shifts. 📊 Weekly Timeframe In the weekly timeframe, like most currency pairs, we are in a range but have broken the lower box and are now ranging in a higher box. Additionally, the chart shows a curve-like upward movement, forming higher lows, indicating an uptrend, but recently, the trend has significantly weakened, and the candlesticks are getting smaller. If the curve line breaks, the price can move to 2.10640. If the curve supports, the price may head towards 2.16990 and possibly break this significant resistance. ⏱ 4-Hour Timeframe In the 4-hour timeframe, there is a descending trendline, forming lower highs and creating compression. 📉 Short Position Trigger: Triggered by rejection from the trendline or a break of the 2.14309 support level, targeting 2.12359. 📈 Long Position Trigger: Triggered by a breakout above the trendline and 2.15606, targeting 2.18194. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
3
GBPNZD Is Very Bullish! Long! Here is our detailed technical review for GBPNZD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 2.147. The above observations make me that the market will inevitably achieve 2.153 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBP/NZD Trading Opportunity: Double Top in ActionI’ve spotted a textbook sell setup on the GBP/NZD pair, as seen in the chart. This setup is based on a double-top pattern, signaling a potential bearish reversal. Here’s my breakdown of the trade: 🔍 Trade Analysis Pattern: The market has formed a double-top near 2.1580, a clear resistance zone where buyers failed to push higher twice. Entry: I entered short after price broke below the neckline at 2.1520, showing strong bearish confirmation. Risk Management: Stop Loss: Positioned above the resistance at 2.1580 to minimize risk. Target: Aiming for a take-profit around 2.1400, aligning with previous support levels and the measured move from the double top. 💡 Lessons from the Setup Patterns like the double top offer high-probability setups when combined with proper confirmation and risk management. Risk-to-Reward Ratio: Always aim for setups that balance risk with reward. I’d love to hear your thoughts! Are you seeing similar setups on other pairs, or do you trade GBP/NZD differently? Drop your insights or questions below. Let’s grow together! 💬
Short
by Naeja
GBPNZD: Bearish Continuation Setup in FocusI’m closely monitoring GBPNZD as price tests this current region. Here’s the plan: The Setup Price is hovering near a key area of interest around 2.15485–2.15781. I’m observing how price reacts here to determine if bearish momentum will continue. If sellers remain strong, I’m looking for a further push down toward the green level at 2.13336, which is my target zone. The Plan 1️⃣ I’ll wait to see if price respects this resistance zone or shows rejection, confirming that sellers remain in control. 2️⃣ My stop loss will be placed strategically above the resistance zone to manage risk effectively. 3️⃣ The goal is to capitalize on a bearish continuation toward the green support line at 2.13336. Why This Makes Sense This area has previously acted as a significant turning point for price. If resistance holds, it sets up a clean move toward the next major support zone, offering a strong risk-to-reward opportunity. Mindset Tip: "It’s not about guessing the market’s next move—it’s about reacting to what it shows you. Stay patient, and let the levels do the talking."
Short
by CurlyTrader_xo