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SalomonLegacyForex

Analysis of GBPNZD on H4 (04/08/2020)

Long
British Pound / New Zealand Dollar (OANDA:GBPNZD)  
SalomonLegacyForex  
OANDA:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns GBPNZD dubai dubaistockmarket london USA dubaiforexgroup qatar saudiarabia egypt
4
0
trendanalysis chartpattern gbpnzd dubai dubaistockmarket london usa dubaiforexgroup qatar saudiarabia egypt
GBPNZD-H4

If the price manages to break the zone around 1.98158, we will go into an uptrend.
This is the most likely of our analysis because it is confirmed by the underlying trend and the MM at 50 which is below the market.

If the price breaks the zone around 1.96170, the market will go bearish.

Let's wait and see...
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