Snick3rSD

GBPNZD - Long active ✅

Panjang
FX:GBPNZD   Paun British / Dolar New Zealand
Hello traders!
‼️ This is my perspective of GBPNZD.

Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective as price forms higher highs and higher lows, so I am looking for longs. I expect bullish price action from this zone as price rejected from bullish order block + institutional big figure 1.94000.

Fundamental analysis: On Thursday 23rd of March we have news events on GBP. Bank of England planned to raise interest rate by 0,25% supported by a Press Conference. The raise of interest rate means strength of currency which could support our bullish price action.

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