GBPNZD: Long-term Resistance Breakout

FX:GBPNZD   British Pound / New Zealand Dollar
1827 11 44
A key long term resistance was taken and we have seen stability above it through multiple weekly closing. Would love to see a pullback towards that broken resistance which could reverse role to support now to long the pair. Next likely resistance and upside target at 2.2250.

Good luck
Subscribe to my trading portal ,
My best regards
I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
Great trade. Huge trend. Wide stops. Let it run!
Hi Technician , Can you give your views on this pair currently?
Excellent, same view here. Waiting for a retracement to reload.
+1 Reply
ImranIshaq IvanLabrie
was waiting for a retracement... never came :(
a firm break above 2.1482 and hold on my chart should open up the trade to your target ..thank you Technician
Also on top of resistance/now support, lies monthly pivot (2.1072).

As ussual nice work !
Technician, you seem to identify trends and targets very well, but how to do you confirm if the pair is actually going to continue in that trend? as in when a pair breaks r/s points but soon falls back. Thanks anyways for providing awesome insight
Thank you for the outlook Technician, Good Luck :)
would you consider the broken resistance to be a Head and Shoulder neckline? I decided it was and traded the break.
Technician SteveTobin
Its a bit hard to call it a head and shoulders for me, as it was a very long term sideways range. But anyway, all lead to the same outcome= resistance breakout...
-1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out