VasilyTrader

GBPNZD: Indecision & What Is Next?

Viés de baixa
FX:GBPNZD   Libra Esterlina/Dólar Neo-Zelandês

from the 13th of February, the pair is in consolidation.
the price is stuck between 2.0285 resistance and 2.021 support.

the future direction for the pair will be determined by the breakout.

in case of a bullish breakout, I will buy the pair with the initial target - 2.0375
in case of a bearish breakout, I will short with the initial target - 2.011

as you see, it does not really matter for us in which direction the market will go,
we can trade it under any circumstances.

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