GBPNZD breakout. Lots of news with GBP

Long

British Pound / New Zealand Dollar (FX:GBPNZD)

Updated

FX:GBPNZD British Pound / New Zealand Dollar

Trend Analysis trend analysis fx Forex GBP NZD GBPNZD gbpnzdlong

trendanalysis trend analysis fx forex gbp nzd gbpnzd gbpnzdlong

After gbpnzd went the other way for us it could be that market is breaking out. However there is lots of news surrounding gbp at the moment so this could fail

Comment:

This is at the end of the trading week. After it closes we'll see how it peforms next week.

Comment:

TP 1 26 pips
TP 2 52 pips
TP 3 80 pips
with a trailing SL

Comment:

don't usually place breakouts but we'll see how it goes

Comment:

I would just like to point out that going against trend is highly risky and this might not work out

Comment:

Textbook breakout :)

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