Raidan96

GBPNZD - Currently Ranging, but pips still to be made!

OANDA:GBPNZD   British Pound / New Zealand Dollar
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GBP seems to be rather indecisive at the moment, but opportunity nevertheless exists to secure a decent number of pips. This particular pair is currently nearing a 3rd touch of support, as drawn here. It will either bounce hard again to the upside or fall to the nearest lower key level, which I see as 2.00173( ish ).

Look to long if price hits said support and pushes back to the upside with bullish candlestick confirmation, and short if it breaks through with bearish confirmation.
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