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Profound_Ambition

GBPNZD 4H

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
Profound_Ambition Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Support and Resistance Wedge GBPNZD pound newzealanddollar supplylevel breakout retest higherhigh
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trendanalysis supportandresistance wedgepattern gbpnzd pound newzealanddollar supplylevel breakout retest higherhigh
Price broke out of its triangle, waiting on a retest & potential gap close to go long. NZD at a 5 month low now & declined more over the weekend. Further weakness should take place for NZD I believe, Will be watching price action for a break to the upside to form a potential higher high..
Comment:
Weekly: I Will consider this trade only if GBP regains strength, it is weak at the moment.
snapshot
Comment:
GBP numbers on Tuesday morning will Bring more direction to this pair..
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