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GBPNZD Long before BOE news

Long
British Pound / New Zealand Dollar (OANDA:GBPNZD)  
Forex48_TradingAcademy  
OANDA:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Technical Indicators Fundamental Analysis sternlin Forex signalservice forexsignals strategy education setup
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trendanalysis indicator fundamental sternlin forex signalservice forexsignals strategy education setup
On this pair, we have a price that appears to have bounced after a false breakout in the demand zone at 1.989. The target is in the 2.2031 zone with a risk-reward ratio of 1:9. The scenario was identified with the Forex48 strategy. However, the scenario is still uncertain since there will be a decision on interest rates by the BOE on Thursday.

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Happy trading to everyone.

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