GBPNZD short; stop at least at BE

FX:GBPNZD   British Pound / New Zealand Dollar
280 6 5
The short ( 2.221) for GBPNZD             took a bit longer to move lower due to the worse than expected NZD CPI             data on Tuesday. Nevertheless it is moving lower and I like at least to see a new low to present a possible ideal long term buy. For my previous post and context see below:


i have the same view i am shorting GBP/NZD
but what worried me that is gbp is starting to make correction or bounce against major pairs
Agree with this setup, Im looking at it too
Piet.Hein Piet.Hein
or break upward now or later, dont metter, Im going to take the breakout ;)
TimStuyts Piet.Hein
Me too. But for now I keep my short with stop at break even and swap in my favor. Good trading to you!
Piet.Hein TimStuyts
good luck :) Always good have risk free positions ;)
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