GBPNZD long opportunity around 1.9350
GPBPNZD is in a strong uptrend for weeks which is included in a very long term uptrend range. Pound is recovering from Brexit so we bet on a long scenario where the pair will look for impulse around 1.93-1.9350 in order to reach 2.00-2.0150.
Below 1.9250-1.9200 we will possibly invalidate this scenario and analyze a possible long-term reversal in the very long term range in order to see back 1.85-1.80.
Below 1.9250-1.9200 we will possibly invalidate this scenario and analyze a possible long-term reversal in the very long term range in order to see back 1.85-1.80.
Trade active
Trade closed: stop reached
TP: 2.0100
SL: 1.9220