#GBPNZD: Two Targets, Once Strong Bullish Entry! ✴️ The GBP/NZD pair demonstrated a favourable reversal upon reaching our designated buying zone at 2.256, currently trading at 2.287. This indicates potential for continued upward momentum. We anticipate the price may advance towards the 2.32 level where a liquidity void is expected to be addressed.
British Pound / New Zealand Dollar
No trades
About British Pound / New Zealand Dollar
The British Pound vs. the New Zealand Dollar cross is one of the most volatile one among GBP pairs. The New Zealand Dollar is often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years. But on the hand, the British Pound is one of the premier reserve currencies and represents the world's largest financial center.
Related currencies
GBPNZD H1 | Pullback Resistance AheadBased on the H1 chart analysis, we could see the price towards our sell entry level at 2.3064, which is a pullback resistance.
Our stop loss is set at 2.3064, which is a pullback resistance.
Our take profit: 2.2987, which is a pullback support that aligns with the 50% FIbonacci retracement.
High
GBPNZD Bullish Movement ContinuesGBPNZD Bullish Movement Continues
From the chart we can see that after GBPNZD confirmed a double bottom pattern started the bullish movement by going up nearly +230 and started another pause.
Currently, GBPNZD is creating a bullish triangle pattern indicating for another bullish wave which may h
GBPNZD Trade ideaGBPNZD
On daily timeframe, the market remains in a clear uptrend, with price consistently forming higher highs and higher lows - confirming bullish structure.
Dropping down to the 4H timeframe and focusing on recent price action , I've drawn a Fibonacci retracement from the most recent swing low
GBP/NZD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GBP/NZD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair
Bearish reversal off pullback resistance?GBP/NZD has rejected off the resistance level, which is a pullback resistance and could potentially drop from this level to our take profit.
Entry: 2.3111
Why we like it:
There is a pullback resistance level.
Stop loss: 2.3280
Why we like it:
There is a pullback resistance level.
Take profit: 2.2
GBPNZD Will Go Lower From Resistance! Sell!
Please, check our technical outlook for GBPNZD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 2.308.
Taking into consideration the structure & trend analysis, I believe that the market will
GBPNZD TradeFree trade - Enjoy
On the daily timeframe, we are in strong uptrend, creating higher highs and high er lows .
Dropping down to the 4H timeframe, I've drawn a fib retracement from the recent low to high. Price has pulled back nicely into our fib level.
I'm expecting another leg up, at least to the
kvmev / GBPNZD outlookPrice recently broke out of a minor consolidation. May continue up is bullish volume is significant. High risk trade so will only be risking 50% of what I normally risk.
If price is able to reject and hold above 2.28000 will be entering a 1:4 RR entry.
Note - Price is trading below the HTF ascendi
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current rate of GBPNZD is 2.31504 NZD — it has increased by 0.28% in the past 24 hours. See more of GBPNZD rate dynamics on the detailed chart.
The value of the GBPNZD pair is quoted as 1 GBP per x NZD. For example, if the pair is trading at 1.50, it means it takes 1.5 NZD to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPNZD has the volatility rating of 0.54%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPNZD showed a 0.79% rise over the past week, the month change is a 2.42% rise, and over the last year it has increased by 2.31%. Track live rate changes on the GBPNZD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
GBPNZD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPNZD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPNZD technical analysis. The technical rating for the pair is strong buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPNZD shows the strong buy signal, and 1 month rating is buy. See more of GBPNZD technicals for a more comprehensive analysis.









