GBPNZD Analysis for October 10, 2025

GBPNZD Analysis for October 10, 2025

Currency pair analysis based on modified wave theory, Fibonacci levels, and price channels.

GBPNZD

The trend is upward. The currency pair is trading within the range of the 365 and 135 EMA. The descending truncated wave structure has completed with a breakout of the trendline channel. The Awesome Oscillator shows a bullish divergence, and the Stochastic Oscillator lines have exited the oversold zone.

Trading idea:
Buy on the breakout of 2.3153.

Stop Loss: 2.3094
Target levels: 2.3220; 2.3253