British Pound / New Zealand Dollar
Long
Updated

Long GBPNZD, off of 0.382 retracement

102
0.382 fibonacci retracement seems to hold, resuming up-trend favored. GBPNZD bullish medium to long-term based on diverging monetary policy outlooks. RBNZ is in an easing cycle, BoE says it will raise rates first half of 2016.

Trade closed: stop reached
should have taken profit at 0.236 retracement

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