This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPNZD made good progress last week on the back of soft NZD data and a dovish RBNZ. Price has cleared the first resistance area at 1.7489 and now sits in a band between that level and 1.7918.
I'm looking to BUY this pair as I have all year.
Price could pullback at the start of the week and this would present another opportunity to get LONG.