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Traderscope
Dec 9, 2017 6:41 PM

GBPNZD long opportunity around 1.9350 Long

GBP/NZDOANDA

Description

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.

Trade active

Comment

Entry: 1.9320
TP: 2.0100
SL: 1.9220

Trade closed: stop reached

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