JoshFX1

GBPNZD likely to stay in Channel

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JoshFX1 已更新   
FX_IDC:GBPNZD   英镑/纽元
GbpNzd is nearing the lower range of its upwards channel. Based on the indicators there's still enough buying pressure and trend strength left for GbpNzd to go up. And a break of the lower range isn't very likely.

Take profit: 1.89>1.92
Stop loss: 1.87.

If the lower range does break then switch to sell for 400-500 pips target
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