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FOREXEL
Sep 18, 2014 7:54 AM

GBPNZD Possible good short trade in near future Short

British Pound/New Zealand DollarFXCM

Description

The Pound has managed to close over major resistance and there is stilll room for it on the upside. On top of this we will also see the effect of the Scottish vote today which with a no-vote will cause a good spike to the upside. However, I watch the daily and weekly charts closely which already are way overbought and are waiting for a good push south to short this pair. Fantastic R/R when it happens so I dont mind the Pound climbing a bit more. We well see pretty soon.
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FOREXEL
Stopped out
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