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Simon_Weber

GBP/NZD long trade idea

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
Simon_Weber  
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Harmonic Patterns Chart Patterns GBPNZD gbpnzdlong gbpnzdanalysis gbpnzdbuy gbpnzdforecast gbpnzdsignal gbpnzdidea gbpnzd4hr
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trendanalysis harmonicpatterns chartpattern gbpnzd gbpnzdlong gbpnzdanalysis gbpnzdbuy gbpnzdforecast gbpnzdsignal gbpnzdidea gbpnzd4hr
The instrument continues to trend upward.
Breakdown of the trend line on August 12 and 13 did not lead to a reversal, growth continues, possibly retesting the 1.9670-1.9630 zone.
A breakdown of the price below 1.9630 will mean a trend reversal.
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