SteveTobin

GBPNZD major congestion ending?

Long
FX:GBPNZD   British Pound / New Zealand Dollar
4
The GBPNZD may be about to break out of a multiyear congestion pattern. If the pair can hold this value over the weekend I will consider a long position with an unfortunately wide stop. MACD, RSI and ROC are all trade positive as is the point and figure charts. The daily chart is very positive but is oversold
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