Gbp/Nzd

Today i am going to discuss this pair..
results of analysis of using daily pivot point calculations
I see this pair still in strong bullish movement . If this pair keep moving to up side , I predict this pair will reach to the next resistance level,
maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator . BUY position is better choice now, you can set target profit level
35 pips from current price
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hai yeh pair ,

According to my technical analysis today market is buy position
If you look up the market trend it is buy

And don't forget that last week before market was in sell position

If you see chart market is moving up

Honestly i just wanna say that i'm not a expert in forex trading i just follow the indicators

Sometimes i face a huge loss

Actually I face loss many time in forex forum

But i'm not a heartless i just hopping for best
Thank you best of luck and keep focus

Good night

Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past
Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators
Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time

GBP/NZD it looks like a bullish candle has formed, and that indicates that the market will be cool again, so an open buy has more opportunity for profit, being aware of today's movements will make our accounts safer, do not forget to use stop loss for the security of our account, hopefully our trades can profit according to what we expect, we must always try to be better so that our trading results can be better and get consistent profit

This currency pair is well-positioned to accelerate into its ascending 61.8 Fibonacci Retracement Fan Resistance Level. It has entered the short-term resistance zone located between 2.08321 and 2.10749, as identified by the red rectangle, which will reinvigorate the bullish chart pattern. An extension of the advance is possible, but a new catalyst is preferred to initiate a breakout in the GBP/NZD. The UK economy remains in a stronger position to handle recessionary threats than New Zealand, providing a long-term fundamental boost.

GBP/NZD Technical Trading Set-Up - Breakout Extension Scenario
Long Entry @ 2.02750

Take Profit @ 2.08750

Stop Loss @ 2.00750

Upside Potential: 600 pips

Downside Risk: 200 pips

Risk/Reward Ratio: 3.00

Should the Force Index drop below its descending resistance level, currently providing temporary support, the GBP/NZD is likely to be pressured to the downside. Forex traders are recommended to consider any contraction below the 2.00000 level as a great buying opportunity. The long-term outlook remains increasingly bullish for this currency pair, with the next support zone located between 1.97588 and 1.98365.

Time Frame - 4 Hour
Currency pair - GBP/NZD
Buy @ - 2.0290
Stop Loss - 1.9681
Take Profit - 2.0783
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.

Forex is the greatest trading website to earning huge profits.
So all of friends join forex trading and earn good. I have use some good indicators to earn good profit. These indicators are
RSI
Zigzag
If indicator shows markit going up you trade on buy and if indicator shows markit going down you trading on sell to earn good profit. So forex trading is a good earning website.

kal k hi uptrend ko market continue kar skta hai kuki market meh kafi upward strong movement thi kal or kafi buyers ne dominate kara hai ,
halaki abhi ek support level pe jisko market ache se test kar rha hai agar ye level break hota hai toh defintely strong up movement dikhegi is pair meh.

I predict this pair have bullish direction
I suggest to take LONG position today

time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade.

money management is very effective for getting profits with stop loss and take profits method with current trading position.

(Kitco News) - Gold prices could continue to face pressure in the near term as some investors still need to raise cash, but then a favorable fundamental backdrop should underpin the precious metal, said Credit Suisse Wednesday.

Gold has declined lately despite a favorable fundamental backdrop for the metal, such as looser monetary policy, lower bond yields and volatility in stocks, Credit Suisse said. The pullback in prices was due to liquidity needs of investors needing cash as so-called risk assets tumbled, analysts said.

“We expect near-term gold prices to remain under pressure for this reason, before rebounding on fundamentals,” Credit Suisse said. “Recall that a similar dynamic occurred at the beginning of the 2008 financial crisis when gold fell ~25% before rebounding sharply and reflecting the loose monetary policy.”

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.