GBP-NZD Breakout Long! Buy!

Long

British Pound / New Zealand Dollar (FX:GBPNZD)

FX:GBPNZD British Pound / New Zealand Dollar

Trend Analysis Chart Patterns Wave Analysis GBPNZD pound Forex fx trading setup breakout Wedge uptrend

trendanalysis chartpattern waveanalysis gbpnzd pound forex fx trading setup breakout wedgepattern uptrend

snapshot

Hello,Traders!
GBP-NZD was trading in a narrowing wedge
Then broke out of the pattern
So given that the pair is in a local uptrend
We are somewhat bullish biased
And I think a long trade is reasonable
Buy!
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