GBPNZD (BUY)
Updated
We are in a uptrend for GBPNZD. A pullback has been initiated and bounced off the 61.8% fib retracement. Set stop loss behind price zone/61.8% fib at 1.90367. Target profit is at 27% fib located at price 1.93341.
Note
We came back to test 61.8% fib retracement for a double bottom (BUY). Our target profit will be the 27% fib level at 1.93341.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.