British Pound/New Zealand Dollar

GBPNZD
 
     
 
     
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GBPNZD Forex Chart

 

GBPNZD

GBP NZD (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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yitiancai yitiancai GBPNZD, D, Short ,
GBPNZD: [the crossroads] Bearlish bat in GBP/NZD or triangle breakout
7 0 1
GBPNZD, D Short
[the crossroads] Bearlish bat in GBP/NZD or triangle breakout

From the chart, the price is now at the crossroads, it's also a prefect example for technical analysis . It has already formed a bearlish bat from 2016.07-2016.05, and successfully reached the target price; Now, the D-point is converted to X point and form a bearlish bat again with the potential reversal zone made by 2.24BC and 0.886 XA. There is also a ...

vanathi vanathi TOP GBPNZD, 120,
GBPNZD: GBPNZD - Breaking good or bad?
106 0 8
GBPNZD, 120
GBPNZD - Breaking good or bad?

Price action is trying to break the resistance at 1.776. Buy above 1.780 for the targets shown in the chart. Higher time frames show the forex pair is bullish.

MarioPaul MarioPaul GBPNZD, D, Short ,
GBPNZD: Short GBPNZD - Supply Zone
5 0 2
GBPNZD, D Short
Short GBPNZD - Supply Zone

Going short after a revisit to a strong supply zone.

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