GBPNZD likely to stay in Channel
Updated
GbpNzd is nearing the lower range of its upwards channel. Based on the indicators there's still enough buying pressure and trend strength left for GbpNzd to go up. And a break of the lower range isn't very likely.
Take profit: 1.89>1.92
Stop loss: 1.87.
If the lower range does break then switch to sell for 400-500 pips target
Take profit: 1.89>1.92
Stop loss: 1.87.
If the lower range does break then switch to sell for 400-500 pips target
Trade active
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