EliteTradingSignals

GBP/NZD BULLISH BIAS RIGHT NOW| LONG

Long
FX:GBPNZD   British Pound / New Zealand Dollar
Hello,Friends!

We are going long on the GBP/NZD with the target of 2.109 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal.

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Comment:
We are seeing a good move already so we will keep the trade running!

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