FX:GBPNZD   British Pound / New Zealand Dollar
113 8 3
Several factors favour longs for GBPNZD             :

-Series of higher lows
-Identified demand zone
-Hammer candlestick
-Ascending channel
-Above 200 Weekly average

Keep stop below 1.955, so it might not suitable for short term traders
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UPDATE : I booked partial profits and I´m still on the trade with stop moved to 1.98
danndc Realisto_FX
i booked more than 200 pips profit and i am out cause i think it gave signs of reversing or at least retreacing in h1 and i think it will in h4

now i will look to reenter once GBPAUD reaches the 1.91 area cause i think GBPNZD is following that pair
congrats, well done !
danndc Realisto_FX
to you too for your profit
agree, long for a while
Great thanks !
what is your target? i am in this trade too
I expect some resistance around 2.00 as first target, then reduce exposure, and leave it open with stop at break even . If it breaks above 2.005 with conviction, we could see a good uptrend that will last a few weeks. Good luck mate
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