GBP/NZD Long Trade Idea

Name: GBP/NZD Long Trade Idea
Uploaded: 2024-03-20T23:54:58.136296
Channel: EliteTradersFX
Description: Considering the recent decline in the NZD, I am considering purchasing GBP/NZD on the rise. Following the breakout and retest of an inverse head & shoulders pattern, I plan to wait for a 50% retracement in the bullish trend before furthering my purchases in the upward direction.

Long

British Pound / New Zealand Dollar (EIGHTCAP:GBPNZD)

EIGHTCAP:GBPNZD British Pound / New Zealand Dollar

Technical Indicators Trend Analysis GBPNZD gbpnzdlong GBP NZD gbpnzdforecast

indicator trendanalysis gbpnzd gbpnzdlong gbp nzd gbpnzdforecast

Considering the recent decline in the NZD, I am considering purchasing GBP/NZD on the rise. Following the breakout and retest of an inverse head & shoulders pattern, I plan to wait for a 50% retracement in the bullish trend before furthering my purchases in the upward direction.

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