Londinia Opportunities Analyses - 03/24/2025 (GMT) GBP/NZD - 1H

- NZD (-)
- Real time data - Forex
Type: Forex
Ticker: GBPNZD
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 2.2578 NZD
My targets
2.2632 NZD (+0.0030)
2.2680 NZD (+0.0078)
My analysis
The bullish trend is currently very strong on GBP/NZD. As long as the price remains above the support at 2.2578 NZD, you could try to benefit from the boom. The first bullish objective is located at 2.2632 NZD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.2680 NZD as an objective. Crossing it would then enable buyers to target 2.2723 NZD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4

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Additional analysis

Quotes

GBP/NZD rating 2.2602 NZD. The price registered an increase of +0.36% on the session and was traded between 2.2458 NZD and 2.2606 NZD over the period. The price is currently at +0.64% from its lowest and -0.02% from its highest.

2.2458
2.2606
2.2602

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GBP/NZD:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of GBP/NZD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 2 (Daily)

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.2453 2.2490 2.2578 2.2602 2.2632 2.2680 2.2723
Change (%) -0.66% -0.50% -0.11% - +0.13% +0.35% +0.54%
Change -0.0149 -0.0112 -0.0024 - +0.0030 +0.0078 +0.0121
Level Major Minor Intermediate - Intermediate Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.23532.24022.24512.25002.25492.25982.2647
Camarilla2.24722.24812.24902.24992.25082.25172.2526
Woodie2.23522.24022.24502.25002.25482.25982.2646
Fibonacci2.24022.24402.24632.25002.25382.25612.2598


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.19382.21042.23012.24672.26642.28302.3027
Camarilla2.23992.24332.24662.24992.25322.25662.2599
Woodie2.19552.21122.23182.24752.26812.28382.3044
Fibonacci2.21042.22422.23282.24672.26052.26912.2830


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.13352.15842.20172.22662.26992.29482.3381
Camarilla2.22632.23252.23882.24502.25132.25752.2638
Woodie2.14272.16302.21092.23122.27912.29942.3473
Fibonacci2.15842.18452.20062.22662.25272.26882.2948

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 67.67
MACD (12,26,9): 0.0022
Directional Movement: 10.8645
AROON (14): 85.7143
DEMA (21): 2.2587
Parabolic SAR (0,02-0,02-0,2): 2.2549
Elder Ray (13): 0.0020
Super Trend (3,10): 2.2511
Zig ZAG (10): 2.2603
VORTEX (21): 1.1272
Stochastique (14,3,5): 87.39
TEMA (21): 2.2596
Williams %R (14): -3.33
Chande Momentum Oscillator (20): 0.0098
Repulse (5,40,3): 0.1781
ROCnROLL: 1
TRIX (15,9): 0.0122
Courbe Coppock: 0.60
MA7: 2.2444
MA20: 2.2487
MA50: 2.2161
MA100: 2.1998
MAexp7: 2.2583
MAexp20: 2.2559
MAexp50: 2.2525
MAexp100: 2.2499
Price / MA7: +0.70%
Price / MA20: +0.51%
Price / MA50: +1.99%
Price / MA100: +2.75%
Price / MAexp7: +0.08%
Price / MAexp20: +0.19%
Price / MAexp50: +0.34%
Price / MAexp100: +0.45%

Quotes : - Real time data - Forex