GBPNZD – Retest & Drop in PlayPrice broke structure and the trendline, pulled back into the previous support-now-turned-resistance, and is reacting from the supply zone.
I'm still holding this short — shared the setup 9 hours ago. If you’re in it too, keep locking in profits as we ride it down.
Targeting the swing low area aroun
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.
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GBPNZD channel breakout buy possible from support📈GBPNZD Breakout Alert!
The pair has officially broken out of the ascending channel and bounced from key support at 2.25100 — confirming bullish momentum on the 4H timeframe!
🎯 Technical Targets:
1️⃣ First Target: 2.27000 – major supply zone
2️⃣ Second Target: 2.28000 – next resistance/supply area
GBPNZD: Potential Reversal From The Resistance Zone-updateGBPNZD: Potential Reversal From The Resistance Zone-update
Based on our previous analysis, GBPNZD has retested 2.7000 and currently appears poised for a bearish movement.
GBPNZD tested an area that was also tested earlier at the beginning of March 2025
From the chart, we can see that this zone
GBPNZD: Potential Reversal From The Resistance ZoneGBPNZD: Potential Reversal From The Resistance Zone
GBPNZD tested an area that was also tested earlier at the beginning of March 2025
From the chart, we can see that this zone has stopped the price several times on the past.
The chances are that GBPNZD may start a bearish wave from the same zon
GBP/NZD Potential Bullish Opportunity🔎 Weekly Overview:
Price has respected a key weekly support zone for two consecutive weeks, forming a bullish pin bar followed by a solid bullish candle this week. This shows strong buyer interest from a higher timeframe level.
📉 Daily Chart Explanation:
Daily structure has shifted to the upside
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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 2.25284 NZD — it has increased by 0.11% 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 0.38%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPNZD showed a −0.56% fall over the past week, the month change is a −0.03% fall, and over the last year it has increased by 8.04%. 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 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 buy signal, and 1 month rating is buy. See more of GBPNZD technicals for a more comprehensive analysis.