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theforexportal

GBPNZD edges towards a significant level.

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
theforexportal  
FX:GBPNZD   British Pound / New Zealand Dollar
GBPNZD theforexportal
2
0
gbpnzd theforexportal
Traders Dynamic Index
TDI DTF Bullish
H4 DTI Bullish
H1 bearish.
Price trying to close above the 200.

Structure
BULLISH

Current outlook
Mildly BEARISH initially.

Trade idea
Wait for overbought conditions to ease and look to BUY. A close above 1.7760 area would be very significant.

Related Ideas

theforexportal
GBPAUD remains BULLISH but stretched at these levels
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