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BUY GBPNZD @ 1.9335 ~ BUY SL - 1.9255 TP1 - 1.9357 | Forex Trading Lions

BUY

GBPNZD @ 1.9335 ~ BUY

SL - 1.9255

TP1 - 1.9357

TP2 - 1.9395

TP3 - 1.9497

This trade is a little different then what I go for usually, this pair tends to pullback quite a bit so if you find better entry you can enter.

Generally a nice break of moving averages from a few week downtrend shows potential bullish momentum

Longer timeframes does suggest a re-test of weekly up trend likely causing the pair to re-test our previous top

Some news later today could push the market a little more, generally this trade might be a little sluggish due to bank holiday on GBP