GBP/NZD Trading Analysis (10/09/2025)
In the H4 timeframe, bears are testing the 200 EMA. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates an oversold condition.
Trade idea:
- Buy when the ascending wave structure begins to form and the A-wave breaches the sloping channel of the truncated descending structure.
- Stop-loss at 2.2755.
- Price targets are 2.2885 and 2.2990.
#gbpnzd #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor
