💱GBP/NZD Time to shine MULTI-INTERVAL ANALYSIS💱

💱 In the current comprehensive analysis, I would like to draw your attention to the GBP/NZD pair which has caught my attention in recent days.

💱 In the posted post, we can observe eight charts showing the time range from 8 months to 22 minutes (it has been divided from 8 months into four i.e. each subsequent chart-timeframe is four times smaller.

💱 Looking strikte at the price action and the appearance of the candles, it is impossible to deny that since 2016 we have been in accumulation on this pair and the last days have given us many reasons to think that this period may soon end.

💱 Well, in recent weeks we have seen a massive injection of money that flows into the pound and outflows from the New Zealand dollar.

💱 I am very curious to see if the recent breakout that has been taking place since September 26 could be the beginning of a long-term upward wave.

💱 It is worth keeping an eye on this pair.

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Comment:

GBP/NZD showed strength on the last trading day of the week. Encourage you to follow this pair

Trade active:

Movement in line with analysis, following inflation readings

Trade active:

The pound is goin in the right direction

Trade closed manually