TomHall
Long

GBP.NZD - Break & Retest Long Opportunity

FX:GBPNZD   British Pound / New Zealand Dollar
Currency Pair: GBP.NZD
Time Frame: Daily & 4hr
Predicted Direction: Long

Live GBP.NZD updates will be available in the comments section below
Comment: A channel breakout has now occurred.
Comment: Using the 50 EMA as support.

any update for this pair ?
Reply
TomHall Malik1978
@Malik1978, I will be staying away from GBP pairs until next week, this will allow them to consolidate and soak up the news.
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Nice Tom.
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TomHall AbhishekHSinghCMT
@AbhishekHSinghCMT, Thanks very much.
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Tom, your analysis are on point though i saw them late. keep on doing the great work.
+1 Reply
TomHall TshepoK
@TshepoK, Thanks very much, appreciate the message.
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Your analysis is as usual spot on, Tom! After an agonising time backtesting and forwardtesting algorythms for weeks, I started trading with my own algo robot which considers (amongst many others) HullMA and DiNapoli Stochastic RSI as variables. It is set to take only the most probable trades in each currency pair, and only if various timeframes align and generate a signal at that, so it takes trades in each pair very rarely. On my end, this pair has been set as a buy opportunity also. Good on you, Tom, and good luck to you, I'm looking forward to the next signal for UKForexSignal members. Despite my endeavours in algo trading, the subscription to your service has been and will remain a no-brainer. Please keep up the excellent work.
+1 Reply
TomHall moontumble
@moontumble, Hi,

I hope you have continued success in your field and thank you for the continued support, greatly appreciated.
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this is also inline with my plan...great. actually have a buy limit order @1.8967.
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TomHall AduvukaGwehona
@AduvukaGwehona, Great to hear, i hope all goes well your end :-)
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