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GBPNZD: Classic Trend-Following Setup 🇬🇧🇳🇿
British Pound / New Zealand Dollar
Long
GBPNZD: Classic Trend-Following Setup 🇬🇧🇳🇿
By VasilyTrader
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Jan 21, 2022
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Jan 21, 2022
Hey traders,
GBPNZD is trading in a bullish trend.
The price is steadily growing within a rising parallel channel.
From the beginning of January, the pair started to consolidate.
The price was stuck around 2.015 level forming an ascending triangle formation.
This night the horizontal resistance was finally broken.
I expect a bullish move to 2.03 level.
❤️Please, support this idea with like and comment!❤️
forecast
Forex
GBP
GBPNZD
newzealanddollar
Parallel Channel
pound
priceaction
priceactionanalysis
Support and Resistance
Triangle
VasilyTrader
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