GBPNZD: We could see a rejection at resistance once moreGBPNZD is range bound currently, and this latest moves continues the narrative of it. Right now, it's approaching a major resistance, where each touch here has showed good rejection.
My target would be toward 2.25230, an achievable target.
Though a scenario for more upside is possible and can ha
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: Important Breakout & Bullish Wave Ahead 🇬🇧🇳🇿
Important event happened on GBPNZD.
The price successfully violated a major daily resistance cluster
and closed above that.
We see a strong bullish reaction to that after its retest.
I think that, with a high probability, the market will continue rising.
Next resistance - 2.295
❤️Please, supp
GBPNZD HIGH Probability ShortWe are overbought on the higher TF, big burst in volume initially but volume is not fading out. We are going to take first entry here, if we push up we will continue to layer in positions and adjust SL to the higher 2nd SL tier on all positions.
Like always we are going to layer in positions to co
GBPNZD Analysis elliot. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it acc
GBP/NZD POTENTIONAL SHORT OPPORTUNITYThis is an idea for GBPNZD's potential short opportunity based on what the technicals indicate.
The trend has been emphasising its bullish approach for almost three years.
Price respected almost 11 times due to the strong resistance within 150 days between 2.265 & 2.275 and bounced off bullish OB
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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 2.30967 NZD — it has increased by 0.87% 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 1.27%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPNZD showed a 1.91% rise over the past week, the month change is a 2.74% rise, and over the last year it has increased by 8.82%. 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 strong buy. See more of GBPNZD technicals for a more comprehensive analysis.