Monday, October 27, 2014

GBPNZD - Medium Term Outlook - 27th October, 2014

GBPNZD - Medium Term Outlook - 27th October, 2014


Wkly Chart



  • We have seen rejection at the 2.10, after breaking resistance which now comes in at support 2.04 where now could have a range bound trading.

Daily Chart



Outlook Trade opportunity

Medium term i favor the upside, therefore if prices to fall to the low 2's , we could go long
note - will look at the GBPUSD and NZDUSD (with NZDUSD heading to new lows and GBPUSD holding or at strong support)

Risk Level __


Tips -

Always take note of any economical news event on our provided calender below



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