theforexportal

GBPNZD more progress expected

Long
FX:GBPNZD   British Pound / New Zealand Dollar
GBPNZD made good progress last week on the back of soft NZD data and a dovish RBNZ. Price has cleared the first resistance area at 1.7489 and now sits in a band between that level and 1.7918.
I'm looking to BUY this pair as I have all year.

Trade idea
Price could pullback at the start of the week and this would present another opportunity to get LONG.
SELL below 1.7519 and if price moves down to the H1 200 sma at 1.7453 area then get LONG.

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