{"id":28431,"date":"2022-05-19T13:55:00","date_gmt":"2022-05-19T12:55:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=28431"},"modified":"2022-05-19T21:53:18","modified_gmt":"2022-05-19T20:53:18","slug":"gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/","title":{"rendered":"GBPNZD Technical Analysis &#8211; A critical Pivot at 1.96500 area"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"28431\" class=\"elementor elementor-28431\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-614b59d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"614b59d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-871f0a2\" data-id=\"871f0a2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7e14453 elementor-widget elementor-widget-text-editor\" data-id=\"7e14453\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The <a href=\"https:\/\/bit.ly\/3b7sd3g\" target=\"_blank\" rel=\"noopener\">GBPNZD<\/a> traded lower by -0.30% ahead of the Friday New Zealand trade balance data YoY (April) 2022. The pair is currently at a critical pivot at 1.9650 as investors wait for a long-term market direction. GBPNZD remains under selling pressure amidst rising inflationary pressure to a 40-year high. The BoE is expected to hike rates by 25bps at its next policy meeting although investors remain worried about the falling consumer spending.<\/p><p>The New Zealand PPI for the first quarter of 2022 surged higher for both the PPI input and PPI output. Investors pay attention to the Trade balance data release on Friday ahead of the 25 May monetary policy meeting.<\/p><p>Chinese easing of lockdown restrictions may boost investor sentiment on commodity demand.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d10b053 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d10b053\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7c90ade\" data-id=\"7c90ade\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b1797e3 elementor-widget elementor-widget-image\" data-id=\"b1797e3\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3b7sd3g\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"407\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/05\/GBPNZD-1D.jpg\" class=\"attachment-large size-large wp-image-28448\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c7b9edd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c7b9edd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1534c36e\" data-id=\"1534c36e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-48fcc2a4 elementor-widget elementor-widget-text-editor\" data-id=\"48fcc2a4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3b7sd3g\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-07710cb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"07710cb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-678d48b\" data-id=\"678d48b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-01ff50c elementor-widget elementor-widget-text-editor\" data-id=\"01ff50c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The GBPNZD has reached a critical pivot point as bulls managed to correct 50% of the recent plunge from February 1 to April 1. A Fibonacci Retracement Tool is used by professional traders to gauge the depth of a price retracement point and traders should watch these critical zones used as resistance areas; 50% at 1.9600, 61.8% at 1.9650 and 78.9% at 2.01551.<\/p><p>This corrective pattern can clearly be displayed by the rising channel towards the 2.000 psychological figure. A failure to break the 1.9600 may push the pair lower towards the channel\u2019s lower trendline. A confirmed break below that area may renew sellers\u2019 interests in targeting the 1.88000, 14 months low.<\/p><p>The Stochastic oscillator reading is above 80.00 showing that the pair is extremely overbought and a failure to challenge the 1.9600, 2 months resistance may see the pair trading lower in the near term.<\/p><p>However, a break above the 2.000 mark may invalidate the bearish outlook and bulls may target the 2.050 resistance, a February 2022 high.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-546370d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"546370d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-38cc4f3\" data-id=\"38cc4f3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dccf3d6 elementor-widget elementor-widget-image\" data-id=\"dccf3d6\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3b7sd3g\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"289\" height=\"107\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/05\/GBPNZD-CHART.jpg\" class=\"attachment-large size-large wp-image-28449\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a00d7c2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a00d7c2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3a19a68\" data-id=\"3a19a68\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f2b568d elementor-widget elementor-widget-text-editor\" data-id=\"f2b568d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The ActivTrader Sentiment indicator shows that 53% of retail traders are currently bearish on the GBPNZD. Traders need to look for a breach of the above zones while on the sidelines. The energy crisis in Europe has seen the UK\u2019s inflation rising to a 40- year high as Ukraine\/ Russia war continues to fuel supply disruption. A rise in commodity prices will act as a tailwind for the New Zealand Dollar.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-54cb0e7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"54cb0e7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e8eb079\" data-id=\"e8eb079\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dafb74c elementor-widget elementor-widget-image\" data-id=\"dafb74c\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3b7sd3g\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"408\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/05\/gbpusd-4h-2.jpg\" class=\"attachment-large size-large wp-image-28450\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4a361f63 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4a361f63\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1b5f0f9e\" data-id=\"1b5f0f9e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-288bb4ae elementor-widget elementor-widget-text-editor\" data-id=\"288bb4ae\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3b7sd3g\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b83b5b9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b83b5b9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c0239fb\" data-id=\"c0239fb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-03f61cf elementor-widget elementor-widget-text-editor\" data-id=\"03f61cf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The price action of GBPNZD is quite choppy on the 4-hour chart as the pair remains rangebound. GBPNZD is capped by an immediate resistance at 1.9650 and a 1.9500 support, coinciding with a 50-day moving average. The pair has a divergence between progressive higher highs and falling volume bars. This indicates that despite the bullish attempt to push prices higher, there is not enough volume to cause a breakout above the 1.9650 resistance.<\/p><p>On the bearish side, the chart shows reversal candlesticks patterns at the 1.9550 resistance and a break below the 1.9500 support may reinforce a bearish outlook towards the 1.91200, a 6-weeks low.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The GBPNZD traded lower by -0.30% ahead of the Friday New Zealand trade balance data YoY (April) 2022. The pair is currently at a critical pivot at 1.9650 as investors wait for a long-term market direction. GBPNZD remains under selling pressure amidst rising inflationary pressure to a 40-year high. The BoE is expected to hike [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":17720,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[56,412,671],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GBPNZD Technical Analysis - A critical Pivot at 1.96500 area - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GBPNZD Technical Analysis - A critical Pivot at 1.96500 area GBPNZD Technical Analysis - A critical Pivot at 1.96500 area\" \/>\n<meta property=\"og:description\" content=\"The GBPNZD traded lower by -0.30% ahead of the Friday New Zealand trade balance data YoY (April) 2022. The pair is currently at a critical pivot at 1.9650 as investors wait for a long-term market direction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-19T12:55:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-19T20:53:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/11\/GettyImages-1139567628.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"687\" \/>\n\t<meta property=\"og:image:height\" content=\"246\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nathan Batchelor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"GBPNZD Technical Analysis - A critical Pivot at 1.96500 area GBPNZD Technical Analysis - A critical Pivot at 1.96500 area\" \/>\n<meta name=\"twitter:description\" content=\"The GBPNZD traded lower by -0.30% ahead of the Friday New Zealand trade balance data YoY (April) 2022. The pair is currently at a critical pivot at 1.9650 as investors wait for a long-term market direction.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nathan Batchelor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/\"},\"author\":{\"name\":\"Nathan Batchelor\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\"},\"headline\":\"GBPNZD Technical Analysis &#8211; A critical Pivot at 1.96500 area\",\"datePublished\":\"2022-05-19T12:55:00+00:00\",\"dateModified\":\"2022-05-19T20:53:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/\"},\"wordCount\":463,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"BoE\",\"GBPNZD\",\"New Zealand PPI\"],\"articleSection\":[\"Forex\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/\",\"url\":\"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/\",\"name\":\"GBPNZD Technical Analysis - A critical Pivot at 1.96500 area - Youtrading UK\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/#website\"},\"datePublished\":\"2022-05-19T12:55:00+00:00\",\"dateModified\":\"2022-05-19T20:53:18+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/youtrading.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GBPNZD Technical Analysis &#8211; A critical Pivot at 1.96500 area\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/youtrading.com\/en\/#website\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"name\":\"Youtrading UK\",\"description\":\"Leaders in Trader Training\",\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/youtrading.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/youtrading.com\/en\/#organization\",\"name\":\"YouTrading\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"contentUrl\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"width\":2531,\"height\":570,\"caption\":\"YouTrading\"},\"image\":{\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/YouTradingEnglish\/\",\"https:\/\/www.instagram.com\/youtrading_english\/\",\"https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\",\"name\":\"Nathan Batchelor\",\"description\":\"Nathan Bathelor brings a professional trading background and highly renowned technical analysis with 15 years of experience. He holds a degree in Business and Finance and has an extensive background providing research for prop houses, and fund managers. Nathan previously traded for Drashta Capital, a boutique Hedge Fund based in London and Sydney, and has worked as a FX Market Analyst for a number of leading brokerages in the United Kingdom.\",\"url\":\"https:\/\/youtrading.com\/en\/author\/nathanbatchelor\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"GBPNZD Technical Analysis - A critical Pivot at 1.96500 area - Youtrading UK","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/","og_locale":"en_GB","og_type":"article","og_title":"GBPNZD Technical Analysis - A critical Pivot at 1.96500 area GBPNZD Technical Analysis - A critical Pivot at 1.96500 area","og_description":"The GBPNZD traded lower by -0.30% ahead of the Friday New Zealand trade balance data YoY (April) 2022. The pair is currently at a critical pivot at 1.9650 as investors wait for a long-term market direction.","og_url":"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/","og_site_name":"Youtrading UK","article_publisher":"https:\/\/www.facebook.com\/YouTradingEnglish\/","article_published_time":"2022-05-19T12:55:00+00:00","article_modified_time":"2022-05-19T20:53:18+00:00","og_image":[{"width":687,"height":246,"url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/11\/GettyImages-1139567628.jpg","type":"image\/jpeg"}],"author":"Nathan Batchelor","twitter_card":"summary_large_image","twitter_title":"GBPNZD Technical Analysis - A critical Pivot at 1.96500 area GBPNZD Technical Analysis - A critical Pivot at 1.96500 area","twitter_description":"The GBPNZD traded lower by -0.30% ahead of the Friday New Zealand trade balance data YoY (April) 2022. The pair is currently at a critical pivot at 1.9650 as investors wait for a long-term market direction.","twitter_misc":{"Written by":"Nathan Batchelor","Estimated reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/#article","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/"},"author":{"name":"Nathan Batchelor","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab"},"headline":"GBPNZD Technical Analysis &#8211; A critical Pivot at 1.96500 area","datePublished":"2022-05-19T12:55:00+00:00","dateModified":"2022-05-19T20:53:18+00:00","mainEntityOfPage":{"@id":"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/"},"wordCount":463,"publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"keywords":["BoE","GBPNZD","New Zealand PPI"],"articleSection":["Forex"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/","url":"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/","name":"GBPNZD Technical Analysis - A critical Pivot at 1.96500 area - Youtrading UK","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/#website"},"datePublished":"2022-05-19T12:55:00+00:00","dateModified":"2022-05-19T20:53:18+00:00","breadcrumb":{"@id":"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/youtrading.com\/en\/gbpnzd-technical-analysis-a-critical-pivot-at-1-96500-area\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/youtrading.com\/en\/"},{"@type":"ListItem","position":2,"name":"GBPNZD Technical Analysis &#8211; A critical Pivot at 1.96500 area"}]},{"@type":"WebSite","@id":"https:\/\/youtrading.com\/en\/#website","url":"https:\/\/youtrading.com\/en\/","name":"Youtrading UK","description":"Leaders in Trader Training","publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/youtrading.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/youtrading.com\/en\/#organization","name":"YouTrading","url":"https:\/\/youtrading.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","contentUrl":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","width":2531,"height":570,"caption":"YouTrading"},"image":{"@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/YouTradingEnglish\/","https:\/\/www.instagram.com\/youtrading_english\/","https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg"]},{"@type":"Person","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab","name":"Nathan Batchelor","description":"Nathan Bathelor brings a professional trading background and highly renowned technical analysis with 15 years of experience. He holds a degree in Business and Finance and has an extensive background providing research for prop houses, and fund managers. Nathan previously traded for Drashta Capital, a boutique Hedge Fund based in London and Sydney, and has worked as a FX Market Analyst for a number of leading brokerages in the United Kingdom.","url":"https:\/\/youtrading.com\/en\/author\/nathanbatchelor\/"}]}},"_links":{"self":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/28431"}],"collection":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/comments?post=28431"}],"version-history":[{"count":0,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/28431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media\/17720"}],"wp:attachment":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media?parent=28431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/categories?post=28431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/tags?post=28431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}