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Long

GBPNZD BREAKING ABOVE THE CHANNEL

FX:GBPNZD   British Pound / New Zealand Dollar
194 5 3
While forming a bullish divergence and breaking above the descending channel GBPNZD             looks bullish for the short term. I am targeting 50% fibs that is 1.4120 area
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since the trade failed I open AUDNZD short, it seems NZD will be quite strong
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its reversing down, should be a big drop
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just to add my first target is 2.4020 where I will scale down, if broken I'll hold if not I am out
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good one, thats what i m looking at,
+1 Reply
glad we are on the same side, looks its going to be pretty fast uptrend
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