Rona75

Rona75

There is a high confluence are right around1.60-1.64 area which held this recent sell. Price building up for a push hiher into 1.90 and 2.00. These are long tern targets but you can trade it according to your own style.

Rona75

There is a weekly channel pattern to observe in GBP/NZD with strong support at 2.03-2.04 if price hold above 2.10 then I will establish my long term position into 2.15 higher targets

Rona75

if AUD weakness does come more prevalent GBPAUD will be a big winner with several targets to the upside . Watch for 1.90 to hold and buy dips into 1.94 and 2.00 for a interm. swing trade

Rona75

GBPUSD Measured move perspective