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GBP/NZD, H4 CHART, M240 CHART, LONG (11-DEC-2016)
British Pound / New Zealand Dollar
Long
GBP/NZD, H4 CHART, M240 CHART, LONG (11-DEC-2016)
By YongLiang
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Dec 11, 2016
2
Dec 11, 2016
Note:
Potential Trading in the Range
In H4 chart, it is quite bearish recently and
GBP/NZD move up and touched the 20-EMA.
We see a possibility that the price might drop
further to the support zone.
If this scenario happen, we will wait another
bullish signal around support zone to call for a BUY :)
Caution: BOE's official bank rate on Thursday which might change the direction of this trade :)
dailyforecast
GBPNZD
gbpnzdforecast
gbpnzdlong
Good Risk/Reward
newzealand
poundsterling
priceaction
rangetrading
technicaltrader
YongLiang
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