Gbpnzdlong
GBPNZD forecast on daily**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPNZD approaching support, potential for a bounce!
GBPNZD is expected to drop to 1st support at 2.00168 where it could potentially react off and up to 1st resistance at 2.01154.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPNZD Analysis: Price currently at a critical decision pointHi traders,
This pair has been in consolidation for the past one month and likely to make the next big move very soon.
It is following a rising trendline and has come to test it once again.
It is also currently at a strong support zone.
I see high likelihood of it to bounce and continue upwards.
Breakout of the trendline will invalidate the long idea. In case breakout occurs short the pair.
Let me know your views in the comments. Hit like if you agree with the idea.