GBPNZD - Watchlist for the upcoming week! (FOLLOW FOR INTRADAY)

CAPITALCOM:GBPNZD   British Pound / New Zealand Dollar
Dear traders,

Welcome to another update from our side.
Here we break down one of the pairs that we are going to have on our watchlist this week. (or actually for tommorow)

Expectation is that the market will retest the strong area of support that it just broke up.
Due to the fact that in general the GBP is getting stronger and the NZD is getting weaker we should not see the support break back down.
This mean that after we will see some minor correction to the downside we expect the market to explode to the upside.

This trade is NOT! and intraday trade and might take up to the end of the week to complete.

If it does, we will not enter the trade, if the support holds, we will enter as soon as our indicators will be settled.

So reason enough to keep an eye on this prediction and follow me for live INTRADAY trades!

Have a great trading week!