Gbp/Nzd

predictions for the day.
trading is risky if no analysis is done
GBP/NZD - is the currency pair we will be focusing on
major low levels also known as supports 1.9495
major high levels also known as resistance - 1.9524

However, at these levels, a bullish divergence can be formed on the MACD indicator (hourly chart), which will limit the downward potential. If the bulls try to return the market, the bears will defend the resistance of 1.3143 with all their strength, but it is best to open short positions from there if a false breakout is formed. You can sell the pound immediately on the rebound after updating the highs of 1.3203 and 1.3258.
my opinion if we are using the indicators for indication the future of market if we have good knowledge of that indicator we are using on our trade then we have to use that indicator but mostly if you go on Forex chat you can do your technical analysis very well from the chart in my opinion and my analysis gbpusd is moving upward because US dollar is going weak

GBP/NZD - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
1.9388 - 1.9446 - 1.9486
Resistance 1 - Resistance 2 - Resistance 3.
1.9585 - 1.9644 - 1.9684
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.

However, at these levels, a bullish divergence can be formed on the MACD indicator (hourly chart), which will limit the downward potential. If the bulls try to return the market, the bears will defend the resistance of 1.3143 with all their strength, but it is best to open short positions from there if a false breakout is formed. You can sell the pound immediately on the rebound after updating the highs of 1.3203 and 1.3258.However, at these levels, a bullish divergence can be formed on the MACD indicator (hourly chart), which will limit the downward potential. If the bulls try to return the market, the bears will defend the resistance of 1.3143 with all their strength, but it is best to open short positions from there if a false breakout is formed. You can sell the pound immediately on the rebound after updating the highs of 1.3203 and 1.3258.However, at these levels, a bullish divergence can be formed on the MACD indicator (hourly chart), which will limit the downward potential. If the bulls try to return the market, the bears will defend the resistance of 1.3143 with all their strength, but it is best to open short positions from there if a false breakout is formed. You can sell the pound immediately on the rebound after updating the highs of 1.3203 and 1.3258.However, at these levels, a bullish divergence can be formed on the MACD indicator (hourly chart), which will limit the downward potential. If the bulls try to return the market, the bears will defend the resistance of 1.3143 with all their strength, but it is best to open short positions from there if a false breakout is formed. You can sell the pound immediately on the rebound after updating the highs of 1.3203 and 1.3258.

Great brittian pound was nuziland doller is at risky stage for trading at that time. Because nzd is at mixxed dituation to move up or move down. So no one can able to suggest that whats happend at next stage. So my oppionion is that to kept him away from it and doing trading freely.

To open short positions on GBP/USD you need:
Bears are still aimed at breaking the support of 1.3076, which may lead to a continuation of the downward trend in the area of the lows of 1.3013 and 1.2952, where i recommended taking profits.

However, at these levels, a bullish divergence can be formed on the MACD indicator (hourly chart), which will limit the downward potential. If the bulls try to return the market, the bears will defend the resistance of 1.3143 with all their strength, but it is best to open short positions from there if a false breakout is formed. You can sell the pound immediately on the rebound after updating the highs of 1.3203 and 1.3258.

Gbp/Nzd had a move up . The move pushed down toward the end of the day! The Daily Rsi and Stochastics is still in oversold territory! Price is stalling out at the 200 Day Simple Moving Average! I actually bought on the 4 hour and took profit on the move up but now I am waiting to enter on the daily time frame! Price Action is still above the 20 day Sma on the 4 hour chart which is evidence that price could probably go straight up during the open! Do not buy yet though... you should wait for more confirmation!


My 3 take profits will be on the chart! My lot size will be very small! Like 0.02 because GBP moves really fast and anything can go wrong.
Price has room to move down before it moves up! This can be a nice idea if you trade with a really small lot size and do not allow emotion to take you out of the trade , but as this is trading...you know anything can happen at any time!

pair gbpnzd
market trend condition today : Buy / Bullish

kal ki upward movement ko market continue kar skta hai kyuki market meh kafi uptrend tha kal or buyer kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong up
price support 1 level par bhi ja sakta hai agar aisa hua to wo upward jaiga thodi der ke liye, lekin high point choone ke baad wapas aa sakta hai,
phir price upward jayega to is time par buy karna chahiye
time frzame support and resistance levels : Daily and H4
indicators: Bollinger Bands and fibbonanci
ye pair abi strong resistance or fibo level zero par hai..
agar ye es resistance ko todta hai to ese khridna chahiye

Great brittian pound was nuziland doller is at risky stage for trading at that time. Because nzd is at mixxed dituation to move up or move down. So no one can able to suggest that whats happend at next stage. So my oppionion is that to kept him away from it and doing trading freely.

Time Frame - 4 Hour
Currency pair - GBP/NZD
Buy @ - 1.9545
Stop Loss - 1.9388
Take Profit - 1.9684
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.