Room to buy GBP at 1.9270, stops at 1.9170 and immediate targets at 1.97 or so. Chances of GBPNZD continuing with its initial buy run is high. I remain net bullish on GBP.
I think they might be a take off in this pair and current prices are perfect opportunities for buying on dips.
Buy stop at 1.7560
Stop Loss at 1.7460
Take Profit: 1.79 for a 1:3 risk reward ratio
More details here: forex.today
Hey guys,
In the daily chart, there is a buy signal though not at the oversold territory. I will place a buy stop at September 20 highs of £1.32. If price action fails to correct lower towards the 20 period MA and at the 61.8% Fibonacci level then our sell stop will most likely be activated.
This trade will be as follows:
Buy stop: £1.32
Stop Loss: £1.3
Take...
