this pair is created strong support now it will try to test resistance.
Please always trade according to your own strategy. Thanks
as you all see...how accurate the analysis from PPP system...the system indicate that the GBP will boost up soon enough.... fingers cross!
PRICE BROKE FROM THE MAJOR SUPPORT TREND LINE. WAIT FOR PRICE TO JUST TOUCH THE 0.618 FIB IMPORTANT LEVEL (1.77927). PLACE A BUY AT 1.7700 WITH A STOP LOSS AT 1.77530. NO PROFIT TARGET. FOLLOW THE NEW TREND AND LET THE PIPS COME TO YOU.
Long Pin Bar formed in Daily Chart , price on strong support area .
PRICE TOUCHED THE 1.76114 LOW FOR A SECOND TIME. I AM ACTUALLY IN THIS TRADE. EXPECTING FOR PRICE TO START GOING UP AGAIN. GOV WHEELER HAS SOME IMPORTANT SPEECH THIS NIGHT. RSI IS COMPLETELY OVERSOLD.
Just placed my orders for this bullish bat in the GBPNZD.
Looking for a long-entry off the lower trendline. Keep in mind the pound is in a delicate situation and there is a good change the lower trendline will break and we will head to newer lows. Keep a sensible stop loss and hold the position long-term.
Its the third time at the same level market rebound and the triangle more explored to us after breaking the down trend and testing it again we are sure market will go up to 1.8041 this level our first target and under the new low is our SL . Good luck ..
We are going long GBP for this pair. There is clear divergence on the daily chart and weekly indicated with the white lines.Our stochastic's look good for a long as well. As well we have big support here with the triple bottom. The price has been tested 3 times and is holding. More to see on the weekly Entry 1.7726 with the target being around 1.89