{"id":29986,"date":"2023-06-14T09:30:04","date_gmt":"2023-06-14T09:30:04","guid":{"rendered":"https:\/\/fxglobe.wpenginepowered.com\/?p=29986"},"modified":"2023-06-22T18:56:51","modified_gmt":"2023-06-22T18:56:51","slug":"gbpnzd-potential-pullback","status":"publish","type":"post","link":"https:\/\/www.fxglobe.com\/es\/gbpnzd-potential-pullback\/","title":{"rendered":"GBPNZD Potential Pullback: Analyzing the Market Movement"},"content":{"rendered":"\n<p>Good morning Traders!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">GBPNZD<\/h2>\n\n\n\n<p>The market is in an uptrend on the <a href=\"https:\/\/www.fxglobe.com\/event\/weekly-oversight\/\" data-type=\"events\" data-id=\"2790\">Weekly<\/a> and the Monthly timeframes, and it is currently still overextended.<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"459\" data-id=\"29998\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-w-1024x459.png\" alt=\"gbpnzd w\" class=\"wp-image-29998\" srcset=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-w-1024x459.png 1024w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-w-300x134.png 300w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-w-768x344.png 768w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-w-1536x688.png 1536w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-w-2048x917.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">GBPNZD W<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"456\" data-id=\"30007\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-m-1024x456.png\" alt=\"gbpnzd m\" class=\"wp-image-30007\" srcset=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-m-1024x456.png 1024w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-m-300x133.png 300w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-m-768x342.png 768w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-m-1536x683.png 1536w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-m-2048x911.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">GBPNZD M<\/figcaption><\/figure>\n<\/figure>\n\n\n\n<p>The <a href=\"https:\/\/www.fxglobe.com\/the-biggest-moving-charts-right-now\/\" data-type=\"post\" data-id=\"27772\">Daily chart<\/a> is showing that the market has found Support at around the level of 2.04 round number, and so far is making Lower Highs and somewhat Equal Lows.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"459\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-d-1024x459.png\" alt=\"gbpnzd d\" class=\"wp-image-30016\" srcset=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-d-1024x459.png 1024w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-d-300x135.png 300w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-d-768x345.png 768w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-d-1536x689.png 1536w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/06\/gbpnzd-d-2048x919.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">GBPNZD D<\/figcaption><\/figure>\n\n\n\n<p>I am looking for either a decisive break and then a retrace to test this level from below, or for compression of price above this level and a potential break, if and when the <a href=\"https:\/\/www.tradingview.com\/symbols\/GBPNZD\/\">market<\/a> will continue it\u2019s pullback. Keeping in mind that this is against the higher timeframe overall direction.<\/p>\n\n\n\n<p>Happy Trading!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning Traders! GBPNZD The market is in an uptrend on the Weekly and the Monthly timeframes, and it is currently still overextended. The Daily chart is showing that the market has found Support at around the level of 2.04 round number, and so far is making Lower Highs and somewhat Equal Lows. I am [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":29989,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"GBPNZD Pullback Potential | %%sitetitle%%","_seopress_titles_desc":"Explore the potential GBPNZD pullback and gain valuable market insights. Make informed trading decisions with our expert analysis for traders.","_seopress_robots_index":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-29986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/posts\/29986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/comments?post=29986"}],"version-history":[{"count":0,"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/posts\/29986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/media\/29989"}],"wp:attachment":[{"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/media?parent=29986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/categories?post=29986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fxglobe.com\/es\/wp-json\/wp\/v2\/tags?post=29986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}