I think it will seek towards the old trendchannel so I will consider a long
FX:GBPNZD buy 1000 Pips Backside of the counter trend line @ up trendline .236 retracement
GBPNZD long position set up .. first target 2.0885 second target 2.0966 .. stop loss 2.08 hurry up go go go !
GBPNZD is almost over sold now so 2.0830-2.0845 good place to buy . First target would be 2.0888 second target 2.0966 stop loss 2.0788
gbpnzd long setup after the price hits target price
THIS WEEK WE HAVE SEEN POUND STRENGTH, USD STRENGTH AND CAD WEAKNESS, PROVIDING US WITH SOME GREAT TRADING OPPORTUNITIES. THE MARKETS ON A DAILY TIMEFRAME ARE NOW SHIFTING, SO WHAT'S NEXT? FOR ME WITH THE BREAKOUT OF POUND I AM POUND LONG UNTIL BREXIT. I HAVE DIVED INTO THE SMALLER TIMEFRAMES OF 1HR AND 4HR AS THERE IS TOO MUCH RISK IN TRADING IT DAILY AT THIS...
For very long term, i predict this pair is going upwards as it has broken the trendline TP1: 2.14759 TP2: 2.25135
GBP/NZD Daily Moon - Long All Indicators set for lift off break of consolidation