GBPNZD : Potential Breakout

FX:GBPNZD   British Pound / New Zealand Dollar
51 0
News on presidential will be released tomorrow, and generally pessimistic prospect of NZD if Labour Party takes more positions in cabinet.

The pair has been consolidating within the channel for 2 weeks, may have chances to breakout and target to higher levels.

Price got support near 1.8370, target to 1.8700 and 1.9100 as extensions with bullish crossover of MACD .
Comment: TP1 hit, heading to TP2
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