GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread - Page 5
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Thread: GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread

  1. #41
    Potential head and shoulders, analyzing resistance, targeting (~1.938 - 1.911) - GBPNZD

  2. #42
    Hi All

    My thoughts on GBPNZD is that the d1 chart signals that the downtrend stopped in June of the past year, form there's built a great foundation and since september was on a bullish run. Taking a look at the d1 chart there's absolutely not any reason to believe this trend will not continue with PA not indiing a change.

    Taking a look at the intraday action about the 1h chart I have resistance beginning at 19550, however I dont expect it to transport, in my own opinion the reversal point or CT trade is going to be a small pocket in between 19620--19640. On the support side I visit a lot of possibility to visit 19250 and 19100 after that, but these are areas outside the intraday action.

    Charts Attached

    Simon


  3. #43
    open short position at daily resistance
    Sl 139016 tp 1.3648

  4. #44
    Range breakout, weekly low breakout, GBP stays unsupported while AUD is getting a bid, adjust prevent loss and take profit to fit your personal risk profile and market conditions.


  5. #45
    Any ideas on GBPNZD ahead of RBNZ Cash rate and Monetary policy?

  6. #46
    Quote Originally Posted by ;
    Any ideas on GBPNZD Before RBNZ Cash rate and Monetary policy?
    Go long.

  7. #47
    Quote Originally Posted by ;
    quote Proceed long.
    Thank you, Chould you share the installation

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