GBPNZD Neutral

Analysis Price: 2.3181 (Updated: 16 November 2025, 12:41 UTC)

Comprehensive analysis for GBPNZD showing neutral market bias. Market structure, technical patterns, and key levels examined across multiple timeframes.

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Signal Overview

Neutral Low Confidence High Risk

Market Consensus:

55% Long

45% Short

Valid Timeframes:

M15 H1 H4 D1

Signal Analysis:

The analysis indicates a neutral outlook for GBPNZD. Supporting factors include: High probability (95%) resistance zone detected at 2.32307. Contradicting factors: GBP is showing relative strength against NZD (diff: 39%); Retail sentiment is 58% bearish. Risk assessment for this trade is high.

Sentiment Analysis

LONG SHORT

42% 58%

Historical Sentiment (7 Days)

Sentiment Interpretation

Neutral sentiment with a balanced distribution between long and short positions. This suggests indecision in the market, which could precede a significant move once a clear direction emerges.

Support & Resistance Analysis

Resistance Levels

R1: 2.3351 0.73% ↑

Analysis Price: 2.3181

Support Levels

S1: 2.3087 0.40% ↓

Market Regime:

Range

Analyst Bias:

Unknown

Direction Probability:

60%

Price Position Analysis

Price is between support at 2.3087 (0.40% below analysis price) and resistance at 2.3351 (0.73% above), with slightly closer proximity to support. Watch for bounce confirmation at support or break below.

Chart Pattern Analysis

91%

Double Bottom

Reliability:

91%

Detected: Nov 16, 05:18

67%

Symmetric Triangle

Reliability:

67%

Detected: Nov 16, 13:18

59%

Morning Star

Reliability:

59%

Detected: Nov 16, 13:20

Pattern Analysis Interpretation

Predominantly bullish patterns detected across timeframes, suggesting upward momentum. The most reliable pattern is a bullish Double Bottom on the D1 timeframe with 91% historical reliability. Multiple timeframes showing pattern confirmation increases the reliability of the signal.

High Probability Zones

Resistance Zone

81%

Zone Level:

2.4008

analysis price:

2.3181

Distance:

3.57%

Confluence Factors:

Double Top 127% Extension Volume Spike

Valid on Timeframes:

H1 H4 D1 W1

High Probability Zones Interpretation

A high probability (81%) resistance zone exists at 2.4008, currently 3.57% away from price. Keep this level on watch for potential future selling opportunities if price moves higher.

Volatility Analysis

Select Timeframe:

Daily Range (pips):

68.0

Volatility Regime:

Normal

Volatility Level:

72%

10-Day ATR Trend

Volatility Interpretation (H1)

GBPNZD is showing normal volatility (72 percentile) with an expected daily range of 68.0 pips. This represents average market conditions conducive to standard trading strategies. Standard position sizing and stop loss parameters are appropriate.

Correlation Analysis

Top Correlations with GBPNZD

GBPAUD

0.85

NZDCHF

-0.85

NZDJPY

-0.83

GBPUSD

0.82

GBPJPY

0.80

Correlation Interpretation

Understanding how GBPNZD correlates with other pairs can help with portfolio diversification and risk management. Strong positive correlations (above 0.7) indicate pairs that move similarly, while strong negative correlations (below -0.7) show pairs that typically move in opposite directions.

GBPNZD shows strong positive correlation with: GBPAUD, GBPUSD, GBPJPY. This means these pairs tend to move in the same direction. Trading in the same direction on multiple correlated pairs increases portfolio risk, while finding divergences between correlated pairs can highlight potential reversal opportunities.

GBPNZD shows strong negative correlation with: NZDCHF, NZDJPY. This means these pairs tend to move in opposite directions. Negatively correlated pairs can be useful for hedging strategies or to confirm signals (a buy signal in one pair would be supported by a sell signal in the negatively correlated pair).

Currency Strength Analysis

Select Timeframe:

GBP

0.27

Neutral

NZD

-0.86

Very-weak

Relative Strength:

1.13

Bullish Bias

Currency Strength Interpretation (M15)

GBP is significantly stronger than NZD on the M15 timeframe, with a relative strength of 1.13. This suggests a strong bullish bias for GBPNZD. However, this bias is primarily driven by the weakness of NZD.

How to Use This Analysis

This comprehensive analysis provides multiple perspectives on GBPNZD to help inform your trading decisions:

Sentiment Analysis: Use to understand market positioning and potential contrarian opportunities
Support & Resistance: Identify key price levels for setting stop losses and take profits
Pattern Analysis: Recognize technical formations that may indicate continuation or reversal
Volatility Analysis: Adjust position sizing and risk management based on current market conditions
Currency Strength: Compare the relative performance of individual currencies within the pair
Correlation Analysis: Understand how this pair moves in relation to others for portfolio diversification

For optimal results, consider how these different factors align. The strongest trading opportunities typically occur when multiple analytical tools show confirmation across different timeframes.