FX_IDC:GBPNZD   British Pound / New Zealand Dollar
4
Very good opportunity for a lon-term trade. On the chart we see that GBP have been weakening for a very long time until one moment where it makes double top, followed by break of structure and 61.8% retracement as well we have divergence on the RSI. More confirmation there is a higher close candle of the previous WEEK CANDLE. I belive that after last week comments about tightening policy Sterling may strengthen and the commodity currencies may weaken. PLEASE COMMENT YOUR OPINION. As well we may shoot for extended targets to 127.2% extension :)
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