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MMQ_FX

GBPNZD - Bullish Break and Retest

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
MMQ_FX  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Support and Resistance Trend Lines GBPNZD GBP pound kiwi newzealanddollar breakandretest
3
0
trendanalysis supportandresistance trendline gbpnzd gbp pound kiwi newzealanddollar breakandretest
GBPNZD appears to have broken it's recent range along with the downtrend marked above. Price appears to be making a break and retest of the broken range and I expect a continuation back up to the 1.94500 area, a level of noticeable resistance/support as illustrated on the chart.

Let's see if a bullish GBP can push price up to our target area.
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