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Trading pair is:Gbp/Nzd
indicators trend :Down trend
Pivot Point is: 1.9362
Resistance levels
1, Resistance is :1.9367
2, Resistance is :1.9392
3, Resistance is:1.9414
Supporting levels is:
1, Supporting is :1.9302
2, Supporting is :1.9278
3, Supporting is :1.9246
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GBPNZD seemed to be testing the highest level with the focus to the 2.0061 level, then going down briefly between 1.9956 area and will likely be back again towards 2.0148 is possible the target position.
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pair- gbp/nzd
chart analysis time frame- m30
the price is in the strong down trend side with having the resistance at 1.9700 level and the cci indicator is also move above the -100 level. if the price is moving up with breaking the resistance at 1.9670 level then make long entry with profit target at 1.9740 and stop loss at the 1.9585
good luck
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my analysis of Gbp/Nzd
Today Trend is:Bearish trend
Resistance and Supporting level today,s
Resistance level today,s is
First Resistance is:1.9402
Second Resistance is: 1.9424
Third Resistance is: 1.9439
Supporting levels today,s is
First Support is: 1.9347
Second Support is:1.9324
Third Support is:1.9297
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GBPNZD Today's analysis for this pair and the movement for today I am on short side and i have to give you the resistance and support levels for this pair.
So let's take a look on the today major support and resistance,
Support S.__1 1.9346
Support S.__2 1.9323
Support S.__3 1.9296
Resistance R.__1 1.9403
Resistance R.__2 1.9425
Resistance R.__3 1.9440
I am just giving my own analysis always trade with low risk.
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"Hello dear (indian-forex) members of this great community, :) Today I want to share with you my intraday analysis of GBP/NZD. :)))
GBP/NZD is Strong Buy according to four-hour chart. RSI(14)'s value is (55.744), STOCH(9,6)'s value is (62.634) and STOCHRSI(14)'s value is (100).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 1.9363
Support 1: 1.9341
Support 2: 1.9317
Support 3: 1.9294
Resistance 1: 1.9387
Resistance 2: 1.9409
Resistance 3: 1.9433
According to the current scenario I would like to recommend you to keep an eye on the pivot point and take your trade according to the support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable day ahead! :happy: :peace:"
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GDP and Manufacturing Production data will be released A better than expected Data may trigger the bullish move. Buy the breakout of the flag Levels As descibed
1 Resistance is :1.9369
2 Resistance is :1.9392
3 Resistance is :1.9411
1 Supporting is :1.9303
2 Supporting is :1.9279
3 Supporting is :1.9247
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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.
Good
Luck
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gbp-nzd is the good currency pair in the forex market its easy to understand from the direct pairs of gbp and nzd but its also too dangerous for the new comer traders cause of which is that its movement is very fast from the direct pairs of gbp and nzd. but its easy to understand from the direct pairs
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GBPNZD is moving in bearish trend and soon it can reach the level 2.3600. It's seen that trend is enough far from the resistance level and i think this pair will not grow so soon. Resistance level is now 2.4024. The price is falling toward the support level 2.3576