Get started
AlexD09

GBPNZD Short-Term Trading Idea

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
AlexD09  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns Fundamental Analysis GBP GBPNZD gbpnzdanalysis gbpnzdlong trading tradingideas LONG buy analysis
1
0
trendanalysis chartpattern fundamental gbp gbpnzd gbpnzdanalysis gbpnzdlong trading tradingideas long buy analysis
Over the coming 4 hours we will see 2 outcomes play out considering NZD's weakening status. We will see the pound grow in strength relative to the NZD and USD leading to a uptrend and possibly a breakout.
Ultimately, this pair would need to go down to build momentum and scoop up some liquidity before turning bullish.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.