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InvestingScope

GBPNOK: Long on Channel Up buy signal.

Long
BRITISH POUND / NORWEGIAN KRONE (FX_IDC:GBPNOK)  
InvestingScope  
FX_IDC:GBPNOK   BRITISH POUND / NORWEGIAN KRONE
Trend Analysis Chart Patterns Technical Indicators GBPNOK GBP NOK britishpound norwegiankrone Forex Currencies currency
7
4
trendanalysis chartpattern indicator gbpnok gbp nok britishpound norwegiankrone forex currencies currency
The price is trading inside a 1D Channel Up, which has recently priced its Higher Low (RSI = 54.649, MACD = 0.000, Highs/Lows = 0.0111). We are expecting a Higher High now, hence we are long with TP = 11.200. In case the price reverses to test the support we will open an additional long at 10.800.





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