Rodica

Monthly Review of GBP/NZD

Long
FX:GBPNZD   British Pound / New Zealand Dollar
3
Price finally makes it above 2.15 for this monthly bar. Big fib cluster coming up around 2.22 and 2.2350 area. Any pull back close to 2.15 I will get back long with targets to 1.22

Next week's dairy GDT numbers could be the push to take this pair higher.

Next leg higher will be between 2.20 to 2.40 for a retest of the prior monthly high. Too early to talk about that one, but that's one of the scenarios going into the end of this year .

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