GBPNZD 4H CHANNEL! MAJOR ALERT!Price of GBPNZD has currently been travelling in an ascending channel. There is a minor support trendline marked out in a thinner black line inside the the channel. Price just recently broke below this line indicating a drop down to the bottom of the major channel like it previously has.
We sent this trade out to our FREE signal members on the entry of the chart! TALK ABOUT SWING TRADING!
Gbpnzdbuy
#GBPNZD Prediction Next WeekAs can be seen from the graph above, there is strong resistance in 1.97, The pound has already tried twice to break this resistance without success, in our opinion he(#GBP) is going to try this resistance again for the third time, This is one of the reasons for our buying recommendation
Buy GBPNZD:
Take Profit: 1.9670
Stop Loss:1.9250