GBPNZD: Trend Following Trading 🇬🇧🇳🇿

Long

British Pound / New Zealand Dollar (OANDA:GBPNZD)

Updated

OANDA:GBPNZD British Pound / New Zealand Dollar

trendanalysis chartpattern flagpattern forex trading technicalanalysis

GBPNZD is trading in a bullish trend from the beginning of May.

Last week the price retraced.
The price was falling within a bullish flag pattern and lost 1.3% of its value.

Today the flag went broken.
It looks like the market is returning back to a bullish trend.

Goals:
1.965
1.975

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