GPBPNZD is in a strong uptrend for weeks which is included in a very long term uptrend range. Pound is recovering from Brexit so we bet on a long scenario where the pair will look for impulse around 1.93-1.9350 in order to reach 2.00-2.0150. Below 1.9250-1.9200 we will possibly invalidate this scenario and analyze a possible long-term reversal in the very long term range in order to see back 1.85-1.80.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.