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GBP/NZD has broken declining channel. 1day bullish pin bar

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
Pip_Addict Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Chart Patterns Trend Analysis GBPNZD Forex Technical Analysis
8
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chartpattern trendanalysis gbpnzd forex technicalanalysis
NZD is showing short term bullish tendencies
The descending channel has been broken to the upside
Friday closed with a bullish pin bar
Primary Trend: Bearish
Secondary Trend/Minor Trend: Bullish
Key Resistance around 1.9100
Price should touch next resistance level


Trade active:
Price has broken above recent support so trade has been entered. Might extend the TP depending on trade technicals
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