Snapshot
Hello, Friends!

GBP/NZD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 2.143 area.

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Anmerkung
Great beginning for a trade, let’s hope it goes further!
Bullish PatternsbuyChart PatternsforecastForexGBPNZDLONGtecnhicalanalysistradingTrend AnalysisWave Analysis

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