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The four hour chart shows an upward sloping trend-line connecting January and February lows, at 1.0800, to be the next major support for the pair.
Should the pair slides under 1.8800, 1.8600 and 1.8380 are likely following numbers to flash on bears’ radar.
Gbp nzd is showing bearish trend.
We will have a sell trade on this pair.
Set you take profit of 20 pips.
Manage your risk properly.
Patience is the game.
Happy trading.
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pair- gbp/nzd
chart analysis time frame- H1
the price is having strong down trend this is break all the daily support and now the price is lower below the daily support. the cci indicator is also moving below the -100 level. now there is some retracement can see. if the price is move above the 1.9590 long with the take profit at 1.9700
good luck
Market analysis of pair GBP/NZD is BULLISH
Current Rate : 1.9465
1) Resistance : 1.9477
2) Resistance : 1.9490
3) Resistance : 1.9503
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1) Support : 1.9452
2) Support : 1.9438
3) Support : 1.9424
Today's analysis of GBPNZD
Resistant level
R3 1.9509
R2 1.9497
R1 1.9481
PP 1.9469
SUPPORT LEVEL
S1 1.9453
S2 1.9441
S3 1.9425
Trade at your own risk
bearish trend seems to be taking place on the GBPNZD pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal. This pair can continue bearish trend, now current price at 1.9420 and strong resistent in hourly time frame at level 1.9442 there is possible chance price will move to up side. then next low price is 1.9369
I suggest to entry SELL with stoploss at 1.9455 and take profit at 1.9370
use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit
Attachment 16963
this is my analysis for GBPNZD, hopefully it will be good & understandable and help you to earn good profit in trading. Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakdown of the resistance level at 1.9398 and the pair will continue to go down to the next level level at 1.9376 in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 1.9407 stop loss at the level 1.9362 target take profit at the level 1.9442
Resistance1 : ------- 1.9445
Resistance2 : ------- 1.9468
Resistance3 : ------- 1.9441
Support 1 : -------- 1.9400
Support 2 : -------- 1.9381
Support 3 : -------- 1.9437
if market movement as my scenario, you can earn good profit and avoid much loss in your trading . keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.
GBP/NZD is BUY
pivot point;1.9484
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is: 1.9551
2> Resistance level is: 1.9660
3> Resistance level is: 1.9727
Supporting level is
1> Supporting level is: 1.9376
2> Supporting level is: 1.9308
3> Supporting level is: 1.9200
This pair gbp/nzd
Technical analysis of today is bearish
Pivot Point. 1.9503
Current Price. 1.9433
Resistance level
1st. 1.9444
2nd. 1.9455
3rd. 1.9466
Supporting level
1st. 1.9422
2nd. 1.9411
3rd. 1.9400