InvestingScope
Long

Higher High made on the 1W Channel Up. Long.

FX:GBPNZD   British Pound / New Zealand Dollar
GBPNZD is trading within a very long term 1W Channel Up ( RSI = 58.689) and has now just priced a Higher Low ( MACD = 0.013, Highs/Lows = 0.0133, B/BP = 0.0680). A retrace is now expected to either 1.94500 or 1.9300 for a Higher Low. We will be buying both spots for a TP = 2.0300 (projected new Higher High).
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