Analysis of the GBPNZD Currency Pair for 24.02.2026

Analytics of currency pairs based on modified wave analysis, Fibonacci levels, and price channels.

24.02.2026.     

GBPNZD

       The trend is bearish. The currency pair is trading within the range of the 365 and 135 EMAs on the H1 timeframe. The bullish wave structure is truncated. The Awesome Oscillator shows bearish divergence, while the Stochastic Oscillator signals overbought conditions.

Trading idea:

Sell upon the formation of a new bearish wave structure, where wave (A) breaks below the ascending channel of the truncated bullish structure.

Stop Loss – 2.2665.

Target levels – 2.2520; 2.2455.