Long

going back up

56
GBPNZD is dancing at the lower end of uptrend channel at the moment, if no meltdown happens today from the UK data and news, I expect it going back up.

SL: below the trend line, you can move it even lower if equity allows. I believe I've given enough - if it goes lower, loss is acceptable.

TP: Fib based, depending on the news, it can go higher if not going other direction.

GL

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.