GBPNZD 4H

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Paun British / Dolar New Zealand (FX:GBPNZD)

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FX:GBPNZD Paun British / Dolar New Zealand

Trend Analysis Support and Resistance Wedge GBPNZD pound newzealanddollar supplylevel breakout retest higherhigh

trendanalysis supportandresistance wedgepattern gbpnzd pound newzealanddollar supplylevel breakout retest higherhigh

Price broke out of its triangle, waiting on a retest & potential gap close to go long. NZD at a 5 month low now & declined more over the weekend. Further weakness should take place for NZD I believe, Will be watching price action for a break to the upside to form a potential higher high..

Komen:

Weekly: I Will consider this trade only if GBP regains strength, it is weak at the moment.

snapshot

Komen:

GBP numbers on Tuesday morning will Bring more direction to this pair..

Penafian

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